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1The Transfer of Property Act, 1882

( ACT NO. IV OF 1882 )

[ 17th February, 1882 ]

Chapter IV

OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Rights and Liabilities of Mortgagor

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 mortgagees has become due, be entitled to redeem any one such mortgage separately, or any two or more of such mortgages together.
  • 1
    Throughout this Act, except otherwise provided, the words “Bangladesh”, “Government” and “Tk.” were substituted, for the words “Pakistan”, “Central Government” or “Provincial Government” and “Rs.” respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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