Article61
The Schedule · First Division—Suits · Part V—Suits Relating to Immovable Property
By a mortgagor—
(a)to redeem or recover possession of immovable property mortgaged;
Period of limitation
Thirty years.
Time from which period begins to run
When the right to redeem or to recover possession accrues.
(b)to recover possession of immovable property mortgaged and afterwards transferred by the mortgagee for a valuable consideration;
Period of limitation
Twelve years.
Time from which period begins to run
When the transfer becomes known to the plaintiff.
(c)to recover surplus collections received by the mortgagee after the mortgage has been satisfied.
Period of limitation
Three years.
Time from which period begins to run
When the mortgagor re-enters on the mortgaged property.