Question
A mortgages a piece of land to B and later on builds a
house thereon, which of the following conditions is applicable?Solution
As per s.70 of the Transfer of Property Act, 1882 which talks about the same illustration and the concept of accessions to property. S. 70. Accession to mortgaged property.— If, after the date of a mortgage, any accession is made to the mortgaged property, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes of the security, be entitled to such accession. Illustrations  (b) A mortgages a certain plot of building land to B and afterwards erects a house on the plot. For the purposes of his security, B is entitled to the house as well as the plot.
‘World Chess Day’ is observed annually on which day of July month?
Which component is included in the PM-MKSSY to support fishermen?
Kerala has signed an MoU with which of the following European countries to study state history in a better way?
What is the key focus of the newly launched Unified Lending Interface (ULI)?
What will be the venue for the Winter Olympics 2026?
Which city in Uttar Pradesh is known for its prominent role in the Indian freedom struggle, particularly the Revolt of 1857?
When is World Chocolate Day celebrated all over the world?
What is the primary occupation of people in the Bundelkhand region of Uttar Pradesh?
Which of the following has the highest density?
Which of the following cooperative banks had its license cancelled by the RBI due to inadequate financial stability and regulatory non-compliance in Jul...