Section 98 - Rights and liabilities of parties to anomalous mortgages : Transfer of Property Act, 1882

What is Rights and liabilities of parties to anomalous mortgages? Section 98 of Transfer of Property Act, 1882

 

 

Section 98 of Transfer of Property Act 1882 : "Rights and liabilities of parties to anomalous mortgages"

98. In the case of an anomalous mortgage the rights and liabilities of the parties shall be determined by their contract as evidenced in the mortgage-deed, and, so far as such contract does not extend, by local usage.