Section 82 – Contribution to Mortgage-debt – The Transfer of Property Act, 1882 Section 82: Contribution to mortgage-debt. – 1[Where property subject to a mortgage belongs to two or more persons having distinct and separate rights of ownership therein, the…
Section 81 – Marshalling Securities – The Transfer of Property Act, 1882 1[Section 81: Marshalling securities. 81. If the owner of two or more properties mortgages them to one person and then mortgages one or more of the properties to…
Section 80 – Tacking Abolished – The Transfer of Property Act, 1882 Section 80: Tacking abolished. – [Tacking abolished.] Rep. by the Transfer of Property (Amendment) Act, 1929 (20 of 1929), s. 41.
Section 79 – Mortgage to Secure Uncertain Amount When Maximum is Expressed – The Transfer of Property Act, 1882 Section 79: Mortgage to secure uncertain amount when maximum is expressed. – If a mortgage made to secure future advances, the…
Section 78 – Postponement of Prior Mortgagee – The Transfer of Property Act, 1882 Section 78: Postponement of prior mortgagee. – Where, through the fraud, misrepresentation or gross neglect of a prior mortgagee, another person has been induced to advance…
Section 77 – Receipts in Lieu of Interest – The Transfer of Property Act, 1882 Section 77: Receipts in lieu of interest. – Nothing in section 76, clauses (b), (d), (g) and (h), applies to cases where there is a…
Section 76 – Liabilities of Mortgagee in Possession – The Transfer of Property Act, 1882 Section 76: Liabilities of mortgagee in possession. – When, during the continuance of the mortgage, the mortgagee takes possession of the mortgaged property,— (a) he…
Section 75 – Rights of Mesne Mortgagee Against and Subsequent Mortgagees – The Transfer of Property Act, 1882 Section 75: Rights of mesne mortgagee against and subsequent mortgagees. – [Rights of mesne mortgagee against and subsequent mortgagees.] Rep. by s.…
Section 74 – Right of Subsequent Mortgagee to Pay Off Prior Mortgagee – The Transfer of Property Act, 1882 Section 74: Right of subsequent mortgagee to pay off prior mortgagee. 74. [Right of subsequent mortgagee to pay off prior mortgagee.] Rep.…
Section 73 – Right to Proceeds of Revenue Sale or Compensation on Acquisition – The Transfer of Property Act, 1882 1[Section 73: Right to proceeds of revenue sale or compensation on acquisition. – (1) Where the mortgaged property or any…