Act Number: 4

Act Name: The Transfer of Property Act, 1882

Year: 1882

Enactment Date: 1882-02-17

Long Title: An Act to amend the law relating to the Transfer of Property by act of Parties.

Ministry: Ministry of Law and Justice

Department: Legislative Department

Section 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 co ntrary, shall, for the purposes of the security, be entitled to such accession.
     Illustrations
     (a) A mortgages to B a certain field bordering on a river. The field is increased by alluvion. For the purposes of his security, B is entitled to the increase.
     (b) A mortgages a certain plot of building land to B and afterwards erects a house on the plot. For the purposes of his security, B is entitled to the house as well as the plot.
Scroll to Top