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Law · Q647

Transfer Of Property Act

Graduate and Post Graduate · Law · question 647

Q647

Where the property subject to a mortgage belongs to two or more persons having distinct and separate rights to ownership therein, then the different shares in or parts of such property owned by such persons are:

A.
Not liable to contribute retably to the debt secured by the mortgage
B.
Liable to contribute retably to the debt secured by the mortgage
Answer
C.
Liable to contribute interest part only
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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