Section 123 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 123 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Powers incident to estate or interest of mortgagee. It provides as follows: (1) A mortgagee, where the mortgage is made by deed, shall, by virtue…

Section 122 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 122 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Powers of mortgagor and mortgagee in possession to accept surrenders of leases. It provides as follows: (1) For the purpose only of enabling a lease…

Section 121 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 121 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Leasing powers of mortgagor and mortgagee in possession. It provides as follows: (1) A mortgagor of land while in possession shall as against everyincumbrancer, have…

Section 120 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 120 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Actions for possession by mortgagors. It provides as follows: (1) A mortgagor for the time being entitled to the possession or receipt of therents and…

Section 119 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 119 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Priorities as between mortgages. It provides as follows: Every mortgage affecting a legal estate in land made after the commencementof this Law whether legal or…

Section 118 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 118 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Regulations respecting inspection, production and delivery of documents, and priorities. It provides as follows: (1) A mortgagor, as long as his right to redeem subsists,…

Section 117 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 117 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Obligation to transfer instead of reconveying and as to right to take possession. It provides as follows: (1) Where a mortgagor is entitled to redeem,…

Section 116 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 116 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Tacking and further advances. It provides as follows: (1) After the commencement of this Law, a prior mortgagee shall have a rightto make further advances…

Section 115 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 115 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Restriction on consolidation of mortgages. It provides as follows: (1) A mortgagor seeking to redeem any one mortgage is entitled to do sowithout paying any…

Section 114 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 114 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Sale of mortgaged property in action for redemption or foreclosure. It provides as follows: (1) Any person entitled to redeem mortgaged property may have a…