Transfer of Property Act, 1882

Transfer of Property Act, 1882 — section 93

93. Prohibition of tacking..—No mortgagee paying off a prior mortgage, whether with or without notice of an intermediate mortgage, shall thereby acquire any priority in respect of his original security; and, except in the case provided for by section 79, no mortgagee making a subsequent advance to the mortgagor, whether with or without notice of an intermediate mortgage, shall thereby acquire any priority in respect of his security for such subsequent advance. 1 Ins. and subs. by Act No. XX of 1929, ss. 45-47. 2 For the repealed provisions, as re-enacted, see the Code of Civil Procedure, 1908 (Act No. V of 1908), Sch. I, Order XXXIV. 3 Rep. by the Code of Civil Procedure, 1908 (Act No. V of 1908), s. 156 and Sch. V.

This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.