Section 63 of TPA : Section 63: Accession To Mortgaged Property
TPA
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Explanation using Example
Imagine Rita took a loan from Sunil and mortgaged her agricultural land to him. During the mortgage period, Sunil, the mortgagee, builds an irrigation system on the land to enhance its productivity. This irrigation system is an accession to the property.
When Rita decides to pay off the loan and reclaim her property, she finds out about the new irrigation system. Under Section 6...
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