Mera Samvidhaan All of Transfer of Property Act, 1882

Chapter III · Of Sales of Immoveable Property

562[Marshalling by subsequent purchaser.

Section 56 · Chapter III · page 22 of the Act

If the owner of two or more properties mortgages them to one person and then sells one or more of the properties to another person, the buyer is, in the absence of a contract to the contrary, entitled to have the mortgage-debt satisfied out of the property or properties not sold to him, so far as the same will extend, but not so as to prejudice the rights of the mortgagee or persons claiming under him or any other person who has for consideration acquired an interest in any of the properties.]

2 Subs. by Act 20 of 1929, s. 18, for s. 56.

Section 56 of The Transfer of Property Act, 1882 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.