Examveda
Examveda

Under the provisions of section 60A of the Transfer of Property Act, 1882, where a mortgagor is entitled to redemption, he may require the mortgagee, instead of retransferring the property, to assign the mortgage debt and transfer the mortgaged property to such third person as the mortgagor may direct then the mortgagor:

A. Is not bound to assign and transfer ccordingly

B. Is bound to assign and transfer accordingly

C. Is bound if the mortgagor assents

D. None of the above

Answer: Option B


This Question Belongs to Law >> Transfer Of Property Act

Join The Discussion

Related Questions on Transfer of Property Act