Section 53 Land Registration Law (LRL) Lagos State 2015 Section 53 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: A registered owner may in the manner prescribed by Law, charge the land with the payment at an appointed time of a principal sum of money either with or without interest…

Section 52 Land Registration Law (LRL) Lagos State 2015 Section 52 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: Where a mortgage relating to land is created by a company or registered partnership which has its registered office or an established place of business, the Registrar shall, if satisfied that…

Section 51 Land Registration Law (LRL) Lagos State 2015 Section 51 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: (1) On satisfaction that the registered holder of a mortgage has a right to consolidate his mortgage with any other mortgage, the Registrar shall, on the application of the holder, make…

Section 50 Land Registration Law (LRL) Lagos State 2015 Section 50 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: A mortgagor may create a subsequent mortgage in the same manner as the first mortgage and the same provisions with all necessary changes shall apply, but a sale under any express…

Section 49 Land Registration Law (LRL) Lagos State 2015 Section 49 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: (1) The holder of any land, sub-lease or mortgage under this Law may by a document in the prescribed form create a mortgage to secure the payment of a debt, or…

Section 48 Land Registration Law (LRL) Lagos State 2015 Section 48 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: (1) Where a registered sub-lease has been determined by-(a) effluxion of time;(b) the happening of an event upon which the sub-lease is expressed to determine; or(c) lawful re-entry and recovery of…

Section 47 Land Registration Law (LRL) Lagos State 2015 Section 47 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: (1) A sub-lease may be surrendered by a document of surrender in the prescribed form or by writing the word “Surrendered” with the date of surrender, on the original or duplicate…

Section 46 Land Registration Law (LRL) Lagos State 2015 Section 46 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: Where a sub-lease has been varied in accordance with section 45 of this Law, the Registrar may, if satisfied that the person requesting for the registration is the holder of a…

Section 45 Land Registration Law (LRL) Lagos State 2015 Section 45 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: Except where a registered sub-lease has been forfeited in accordance with the existing law, the agreements and conditions contained in the sublease may be varied, and the terms of any sub-lease…

Section 44 Land Registration Law (LRL) Lagos State 2015 Section 44 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows: (1) A sub-lease for a term to commence on a future date shall not exceed twenty-one (21) years from the date of the sub-lease and no person shall be put on…