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The Transfer of Property Act, 1882

Section 95Right of redeeming co-mortgagor to expenses

In forceChapter IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Chapter IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Redemption

s. 95

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.

End of s. 95.

Read the contents: The Transfer of Property Act, 1882