RIGHT OF REDEMPTION UNDER TRANSFER OF PROPERTY

AUTHOR – SNEKHA VARADHAN* & DR .P. BRINDA**, LLM SCHOLAR* & ASSOCIATE PROFESSOR**, SCHOOL OF EXCELLENCE IN LAW, TNDALU

BEST CITATION – SNEKHA VARADHAN & DR. P.BRINDA, RIGHT OF REDEMPTION UNDER TRANSFER OF PROPERTY, ILE PROPERTY AND LAND LAW REVIEW (ILE PLLR), 3 (1) of 2025, Pg. 01-06, APIS – 3920 – 0048 | ISSN – 2584-1998

ABSTRACT

This article was written by Snekha Varadhan. The author of this article gives explanation about the right of redemption under transfer of property 1882. The right of redemption is a legal mechanism that allows a debtor or property owner to reclaim foreclosed or repossessed property by paying off the outstanding debt or fulfilling specific legal requirements within a designated period. Additionally, the article analyzes recent legal trends and case law interpretations that shape the modern application of redemption rights. By providing a comparative analysis of different legal systems, this study aims to offer a comprehensive understanding of how redemption rights balance creditor and debtor interests while influencing foreclosure proceedings and property rights.

KEYWORDS : Right to redeem-mortgaged-repayment-get back-mortgagor