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The Transfer of Property Act, 1882

Section 93Prohibition of tacking

In forceChapter IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Chapter IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Redemption

s. 93

93. 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.

End of s. 93.

Read the contents: The Transfer of Property Act, 1882