Question
A mortgagee in possession has the right to
:Solution
Transfer of Property Act S. 72. Rights of mortgagee in possession .—[A mortgagee] may spend such money as is necessary— (b) for [the preservation of the mortgaged property] from destruction, forfeiture or sale; (c) for supporting the mortgagor's title to the property; (d) for making his own title thereto good against the mortgagor; and (e) when the mortgaged property is a renewable lease-hold, for the renewal of the lease.
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