Section 60 of Transfer of Property Act
Right of mortgagor to redeem.— At any time after the principal money has become due, the mortgagor has a right, on payment or tender, at a proper time and place, of the mortgage – money,…
Right of mortgagor to redeem.— At any time after the principal money has become due, the mortgagor has a right, on payment or tender, at a proper time and place, of the mortgage – money,…
Right to redeem separately or simultaneously.— A mortgagor who has executed two or more mortgages in favour of the same mortgagee shall, in the absence of a contract to the contrary, when the principal money…
Right of usufructuary mortgagor to recover possession.— In the case of a usufructuary mortgage, the mortgagor has a right to recover possession of the property together with the mortgage deed and all documents relating to…
Accession to mortgaged property.— Where mortgaged property in possession of the mortgagee has, during the continuance of the mortgage, received any accession, the mortgagor, upon redemption, shall, in the absence of a contract to the…
Renewal of mortgaged lease.— Where the mortgaged property is a lease, and the mortgagee obtains a renewal of the lease, the mortgagor, upon redemption, shall, in the absence of a contract by him to the…
Implied contracts by mortgagor.— In the absence of a contract to the contrary, the mortgagor shall be deemed to contract with the mortgagee,— (a) that the interest which the mortgagor professes to transfer to the…
Waste by mortgagor in possession.— A mortgagor in possession of the mortgaged property is not liable to the mortgagee for allowing the property to deteriorate; but he must not commit any act which is destructive…
Right to foreclosure or sale.— In the absence of a contract to the contrary, the mortgagee has, at any time after the mortgage-money has become due to him, and before a decree has been made…
Right to sue for mortgage-money.— (1) The mortgagee has a right to sue for the mortgage money in the following cases and no others, namely:— Provided that, in the case referred to in clause (a),…