Section 26 Conveyancing and Law of Property Act 1881 Section 26 of the Conveyancing Act 1881 is about Form of statutory mortgage in schedule. It provides as follows: (1.) A mortgage of freehold or leasehold land may be made by a deed expressed to be made byway of statutory mortgage, being in the form given…

Section 25 Conveyancing and Law of Property Act 1881 Section 25 of the Conveyancing Act 1881 is about Sale of mortgaged property in action for foreclosure, &c. It provides as follows: (1.) Any person entitled to redeem mortgaged property may have a judgment or order for sale instead of for redemption in an action brought…

Section 24 Conveyancing and Law of Property Act 1881 Section 24 of the Conveyancing Act 1881 is about Appointment, powers, remuneration, and duties of receiver. It provides as follows: (1.) A mortgagee entitled to appoint a receiver under the power in that behalf conferred by this Act shall not appoint a receiver until he has…

Section 23 Conveyancing and Law of Property Act 1881 Section 23 of the Conveyancing Act 1881 is about Amount and application of insurance money. It provides as follows: (1.) The amount of an insurance effected by a mortgagee against loss or damage by fire under the power in that behalf conferred by this Act shall…

Section 22 Conveyancing and Law of Property Act 1881 Section 22 of the Conveyancing Act 1881 is about Mortgagee’s receipts, discharges, &c. It provides as follows: (1.) The receipt in writing of a mortgagee shall be a sufficient discharge for any money arising under the power of sale conferred by this Act, or for any…

Section 21 Conveyancing and Law of Property Act 1881 Section 21 of the Conveyancing Act 1881 is about Conveyance, receipt, &c. on sale. It provides as follows: (1.) A mortgagee exercising the power of sale conferred by this Act shall have power, by deed, to convey the property sold, for such estate and interest therein…

Section 20 Conveyancing and Law of Property Act 1881 Section 20 of the Conveyancing Act 1881 is about Regulation of exercise of power of sale. It provides as follows: A mortgagee shall not exercise the power of sale conferred by this Act unless and until— (i.) Notice requiring payment of the mortgage money has been…

Section 19 Conveyancing and Law of Property Act 1881 Section 19 of the Conveyancing Act 1881 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 of this Act, have the following powers, to the like extent as…

Section 18 Conveyancing and Law of Property Act 1881 Section 18 of the Conveyancing Act 1881 is about Leasing powers of mortgagor and of mortgagee in possession. It provides as follows: (1.) A mortgagor of land while in possession shall, as against every incumbrancer, have, by virtue of this Act, power to make from time…

Section 17 Conveyancing and Law of Property Act 1881 Section 17 of the Conveyancing Act 1881 is about Restriction on consolidation of mortgages. It provides as follows: (1.) A mortgagor seeking to redeem any one mortgage, shall, by virtue of this Act, be entitled to do so, without paying any money due under any separate…