Which e following is the right of mortgager to redeem asA conferred by the Transfer of Property...........

Professional Legal Knowledge Transfer of Property

Which e following is the right of mortgager to redeem asA conferred by the Transfer of Property Act, 1882?

Right to demand that the mortgagee at his cost, should transfer the mortgaged property to any such third person as the mortgagor directs

Right to demand that the mortgagee at his cost, should transfer the mortgaged property to the mortgagor

either A or B

neither A nor B

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Explanation:

The correct answer is 4: neither A nor B. Under the Transfer of Property Act, 1882, the right of redemption allows the mortgagor to reclaim the mortgaged property after repaying the mortgage amount. However, the Act does not impose an obligation on the mortgagee to transfer the property to a third party or to the mortgagor at their cost. The rights of the mortgagor are limited to redeeming the property in compliance with the terms of the mortgage agreement. Therefore, neither A nor B reflects the true scope of the right to redeem.