Skip to content

Section 73 of Transfer of Property Act

    Right to proceeds of revenue sale or compensation on acquisition.— (1) Where the mortgaged property or any part thereof or any interest therein is sold owing to failure to pay arrears of revenue or other… 

    Section 76 of Transfer of Property Act

      Liabilities of mortgagee in possession.— When, during the continuance of the mortgage, the mortgagee takes possession of the mortgaged property,— (a) he must manage the property as a person of ordinary prudence would manage it… 

      Section 77 of Transfer of Property Act

        Receipts in lieu of interest.— Nothing in section 76, clauses (b), (d), (g) and (h), applies to cases where there is a contract between the mortgagee and the mortgagor that the receipts from the mortgaged… 

        Section 78 of Transfer of Property Act

          Postponement of prior mortgagee.— Where, through the fraud, misrepresentation or gross neglect of a prior mortgagee, another person has been induced to advance money on the security of the mortgaged property, the prior mortgagee shall… 

          Section 79 of Transfer of Property Act

            Mortgage to secure uncertain amount when maximum is expressed.— If a mortgage made to secure future advances, the performance of an engagement or the balance of a running account, expresses the maximum to be secured… 

            Section 81 of Transfer of Property Act

              Marshalling securities.— If the owner of two or more properties mortgages them to one person and then mortgages one or more of the properties to another person, the subsequent mortgagee is, in the absence of…