Section 36 Land Registration Law (LRL) Lagos State 2015

Section 36 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows:

(1) Where any mortgage or disposition is made in respect of any land, the registered holder shall produce the land certificate or title to the Registrar for endorsement of such disposition or mortgage, unless the holder can prove to the satisfaction of the Registrar that the certificate is lost.

(2) Subject to the provision of subsection (i) of this Section, on the registration of every change of holding of any land or mortgage, where the same certificate is re-issued, a note of the disposition or change of holding shall be endorsed on it.

(3) Where there is a foreclosure, a purchaser from the registered holder of a mortgage selling under the power of sale conferred by the mortgage, may be registered as the holder of the land or sub-lease and a new certificate of title to that land or sub-lease may be re-issued without the production of the old certificate of title to the land.

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