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Law · Q577

Transfer Of Property Act

Graduate and Post Graduate · Law · question 577

Q577

Which of the following is true regarding the 'right of subrogation' as defined under the Transfer of Property Act, 1882?

A.
Any person redeeming the property under provisions of section 91 of the Act, has the same rights as the mortgagor against the mortgagee
Answer
B.
Any person redeeming the property under provisions of section 91 of the Act, has the same right as the mortgagee against the mortgagor
C.
Either A or B depending on the facts of the case
D.
Neither A nor B

Answer: Option A

Solution

Answer: Option A
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