Law · Transfer of Property Act
The maxim 'Once a mortgage, always a mortgage' implies that:
- 1The mortgagor has no right to assign the right of redemption to any person.
- 2The mortgagee has no right to assign the mortgage debt to any other person.
- 3The mortgage cannot be redeemed after the expiry of a fixed period.
- 4The mortgage is always redeemable and any clog on redemption is void.✓
Correct answer
The mortgage is always redeemable and any clog on redemption is void.
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