Bare ActsThe TRANSFER OF PROPERTY ACT, 1882

Section 93

Amendment status not verified — confirm the current text below against the official source.

Prohibition of tacking No mortgagee paying off a prior mortgage, whether with or without notice of an intermediate mortgage, shall thereby acquire any priority in respect of his original security; and, except in the case provided for by section 79, no mortgagee making a subsequent advance to the mortgagor, whether with or without notice of an intermediate mortgage, shall thereby acquire any priority in respect of his security for such subsequent advance.

Section 93 – The TRANSFER OF PROPERTY ACT, 1882 | DailyLaw.ai