Multiple choice

The term subrogation is used in the Transfer of Property Act in relation to

  1. sale

  2. mortgage

  3. lease

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Section 91 of Transfer of property act, 1882, states a person who has advanced to a mortgagor money with which the mortgage has been redeemed shall be subrogated to the rights of the mortgagee whose mortgage has been redeemed,