Bare ActsThe TRANSFER OF PROPERTY ACT, 1882

Section 94

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

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.] 81[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 as is attributable to their share in the property.

Section 94 – The TRANSFER OF PROPERTY ACT, 1882 | DailyLaw.ai