Question

Subrogation under Section 92, Transfer of Property Act, 1882 confers a right upon a person only wherein mortgaged property has been:

• A. Redeemed in full
• B. Consented to be redeemed in full
• C. Redeemed in part
• D. None of the above

Answer 1

The Correct Option is A

Section 92 of the Transfer of Property Act, 1882, allows a person who has paid off the mortgage debt to step into the shoes of the mortgagee and seek a remedy. However, this right of subrogation arises only when the mortgaged property has been redeemed in full.