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.
What is the state animal of Meghalaya?
What is the national tree of India.
India's smallest Union Territory Lakshadweep has how many islands?
Nearly 80% of the population of the world is not protected by:
Which of the following subjects has not been included in the provisions of the Money Bill?
Who is the current Chief of the Indian Army?
नाभिकीय ऊर्जा में सम्बंधित समझौते का क्या नाम है ?
In which year was the Bharatiya Janata Party (BJP) founded?
In which year was the Lakdawala Committee on Poverty established?
Currently there are how many members of NATO(North Atlantic Treaty Organization)?