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Law · Q447

Transfer Of Property Act

Graduate and Post Graduate · Law · question 447

Q447

If the mortgagee buys a share in the equity of redemption but not a share in the property itself he has paid a higher price and the liability to discharge that share of the mortgage debt is on the mortgagor and not on him then:

A.
He cannot enforce the whole of the mortgage debt against the rest of the property
B.
He can enforce the whole of the mortgage debt against the rest of the property
Answer
C.
He can enforce only a part of mortgage debt
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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