Section 61 - Right to redeem separately or simultaneously : Transfer of Property Act, 1882

What is the Right to redeem separately or simultaneously? Section 61 of Transfer of Property Act, 1882

Section 61 of Transfer of Property Act 1882 : "Right to redeem separately or simultaneously"

61. A mortgagor who has executed two or more mortgages in favour of the same mortgagee shall, in the absence of a contract to the contrary, when the principal money of any two or more of the mortgages has become due, be entitled to redeem any one such mortgage separately, or any two or more of such mortgages together.

TRANSFER OF PROPERTY ACT 1882

Section 60A - Obligation to transfer to third party instead of re-transference to mortgagor

Section 60B - Right to inspection and production of documents

Section 61 - Right to redeem separately or simultaneously

Section 62 - Right of usufructuary mortgagor to recover possession

Section 63 - Accession to mortgaged property

Section 63A - Improvements to mortgaged property

Section 64 - Renewal of mortgaged lease

Section 65 - Implied contracts by mortgagor

Section 65A - Mortgagor's power to lease

Section 66 - Waste by mortgagor in possession

Rights and liabilities of Mortgagee