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Section 94 TPA — Rights of mesne mortgagee

The Transfer of Property Act, 1882 · Official PDF page 36

Open in NyayaOfficial PDF, page 36

94. Rights of mesne mortgagee.—Where a property is mortgaged for successive debts to successive mortgagees, a mesne mortgagee has the same rights against mortgagees posterior to himself as he has against the mortgagor.] 1 [95. Right of redeeming co -mortgagor to expenses .—Where one of several mortgagors redeems the mortgaged property, he shall, in enforcing his right of subrogation under section 92 against his co -mortgagors, be entitled to add to the mortgage -money recoverable from them such proportion of the expenses properly incurred in such redemption a s is attributable to their share in the property.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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