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Law of Property Act 1925: Difference between revisions
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Ever seen something like this? | Ever seen something like this? | ||
''Sections 93 ('''restriction on consolidation of mortgages''') and 103 ('''regulation of exercise of power of sale''') of the Law of Property Act 1925 shall not apply. The liabilities shall become due for the purposes of section 101 ('''mortgagee powers''') of that act, and the statutory power of sale and of appointing a receiver conferred under it and all other powers shall be deemed to arise immediately after execution.'' | :''Sections 93 ('''restriction on consolidation of mortgages''') and 103 ('''regulation of exercise of power of sale''') of the Law of Property Act 1925 shall not apply. The liabilities shall become due for the purposes of section 101 ('''mortgagee powers''') of that act, and the statutory power of sale and of appointing a receiver conferred under it and all other powers shall be deemed to arise immediately after execution.'' | ||
Wondered what it was for? Well, wonder no more. | Wondered what it was for? Well, wonder no more. | ||