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Question

A mortgages to B a certain field bordering on a river. The field is increased by alluvion. B is:

A Not entitled to the increase by alluvion. Correct Answer Incorrect Answer
B Entitled to the increase by alluvion. Correct Answer Incorrect Answer
C Entitled to increase by alluvion for the purpose of security. Correct Answer Incorrect Answer
D Not entitled to the contrary A is entitled to received it on redemption. Correct Answer Incorrect Answer
E Not entitled to the contrary A is entitled to received it irrespective of redemption. Correct Answer Incorrect Answer

Solution

Transfer of Property Act  S. 70. Accession to mortgaged property .—If, after the date of a mortgage, any accession is made to the mortgaged property, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes of the security, be entitled to such accession.

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