Legal subrogation occur in following ways:
(1) a puisne mortgagee redeeming a prior mortgage.
(2) a co-mortgagor's surety redeeming the mortgage.
(3) mortgagor's surety redeeming.
(4) a purchaser of the equity of redemption redeeming a mortgage.
A. Only (1) and (2) are relevant
B. Only (3) and (4) are relevant
C. Only (2) and (4) are relevant
D. All are legal subrogations and all of (1), (2), (3) And (4) are relevant
Answer: Option D
This Question Belongs to Law >> Transfer Of Property Act
Related Questions on Transfer of Property Act
A. Section 13
B. Section 14
C. Section 15
D. Section 16
Case of "Raj Kumar Kundu v. Mcqueen" is related to
A. Lis pendens
B. Part performance
C. Mortgage
D. Ostensible owner
A. Transfer by ostensible owner of the property for consideration
B. Transfer by owner of the property in which a widowhas life interest for maintenance
C. Both A and B
D. Neither A nor B
Which property cannot be transferred?
A. A public office
B. A mere chance to succeed
C. A mere right of re-entry
D. All of the above
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