Definition of Section 55 of Transfer of Property Act According to the Government of India Section 55 of Transfer of Property Act: Rights and liabilities of buyer and seller.— In the absence of a contract…
Definition of Section 56 of Transfer of Property Act According to the Government of India Section 56 of Transfer of Property Act: Marshalling by subsequent purchaser.— If the owner of two or more properties mortgages…
Definition of Section 57 of Transfer of Property Act According to the Government of India Section 57 of Transfer of Property Act: Provision by Court for incumbrances and sale freed therefrom.— (a) Where immoveable property…
Definition of Section 58 of Transfer of Property Act According to the Government of India Section 58 of Transfer of Property Act: “Mortgage”, “mortgagor”, “mortgagee”, “mortgage-money” and “mortgage-deed” defined.— (a) A mortgage is the transfer…
Definition of Section 59 of Transfer of Property Act According to the Government of India Section 59 of Transfer of Property Act: Mortgage when to be by assurance.— Where the principal money secured is one…
Definition of Section 60 of Transfer of Property Act According to the Government of India Section 60 of Transfer of Property Act: Right of mortgagor to redeem.— At any time after the principal money has…
Definition of Section 61 of Transfer of Property Act According to the Government of India Section 61 of Transfer of Property Act: Right to redeem separately or simultaneously.— A mortgagor who has executed two or…
Definition of Section 62 of Transfer of Property Act According to the Government of India Section 62 of Transfer of Property Act: Right of usufructuary mortgagor to recover possession.— In the case of a usufructuary…
Definition of Section 63 of Transfer of Property Act According to the Government of India Section 63 of Transfer of Property Act: Accession to mortgaged property.— Where mortgaged property in possession of the mortgagee has,…