Section 18 Mortgage and Property Law of Lagos State Section 18 of the Mortgage and Property Law of Lagos State 2010 is about Equitable mortgage. It provides as follows: (1) As from the commencement of this Law, an equitable mortgage of a right of occupancy shall not be created by a mere deposit of title…

Section 17 Mortgage and Property Law of Lagos State Section 17 of the Mortgage and Property Law of Lagos State 2010 is about Charges by way of Legal Mortgage. It provides as follows: (1) Where a Legal Mortgage of land is created by a charge by deed expressed to be by way of Legal or…

Section 16 Mortgage and Property Law of Lagos State Section 16 of the Mortgage and Property Law of Lagos State 2010 is about Mode of creating mortgages. It provides as follows: (1) A mortgage of a term of years absolute shall be create at law either by a sub-demise for a term of years absolute,…

Section 15 Mortgage and Property Law of Lagos State Section 15 of the Mortgage and Property Law of Lagos State 2010 is about Mode of creating mortgages. It provides as follows: (1) A mortgage of a right of occupancy in land shall be created at Law either by a demise for a term of years…

Section 14 Mortgage and Property Law of Lagos State Section 14 of the Mortgage and Property Law of Lagos State 2010 is about Annual report. It provides as follows: (1) The Board shall prepare and submit to the Commissioner as soon as possible after the end of the financial year but not later than four…

Section 13 Mortgage and Property Law of Lagos State Section 13 of the Mortgage and Property Law of Lagos State 2010 is about Financial provisions. It provides as follows: (1) The Board shall establish and maintain a fund from which all expenditure incurred by the Board shall be defrayed. (2) There shall be paid and…

Section 12 Mortgage and Property Law of Lagos State Section 12 of the Mortgage and Property Law of Lagos State 2010 is about Negotiating lesser fees for documents presented for stamping and registrations. It provides as follows: The Board, in promoting affordable housing for the less privileged citizens, may use its best endeavours to promote…

Section 11 Mortgage and Property Law of Lagos State Section 11 of the Mortgage and Property Law of Lagos State 2010 is about Pensions. It provides as follows: (1) Notwithstanding the provisions of the Pension Reform Law 2007, service in the Board shall be Public Service for the purpose of the at Law and accordingly,…

Section 10 Mortgage and Property Law of Lagos State Section 10 of the Mortgage and Property Law of Lagos State 2010 is about Staff of the Board. It provides as follows: (1) The Board may—(a) employ such persons as members of its staff as it considers necessary; and (b) approve conditions of service including the…

Section 9 Mortgage and Property Law of Lagos State Section 9 of the Mortgage and Property Law of Lagos State 2010 is about Secretary to the Board. It provides as follows: There shall be a Secretary to the board who shall be — (i) responsible for the day to clay management of the Board; and…