Where the property subject to a mortgage belongs to two or...

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Where the property subject to a mortgage belongs to two or more persons having distinct and separate rights to ownership therein, then the different shares in or parts of such property owned by such persons are:

A. Not liable to contribute retably to the debt secured by the mortgage

B. Liable to contribute retably to the debt secured by the mortgage

C. Liable to contribute interest part only

D. None of the above

Answer: Option B

This Question Belongs to Law >> Transfer Of Property Act

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