Section 56 Land Registration Law (LRL) Lagos State 2015

Section 56 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows:

(1) A person may, under a Power of Attorney authorize another person to act on his behalf in respect of any land or interest in land therein under the provisions of this Law.

(2) Where a Power of Attorney contains authority to deal with any land, sub-lease or mortgage, the donor or the donee shall file the Power of Attorney in the Land Registry.

(3) The donor or any interested person, may notify the Registrar that a Power of Attorney filed under this section has been revoked by the death, bankruptcy or disability of the donor or by the death or disability of the donee; and subject to the production to the Registrar of such evidence as he may require, the Registrar shall note the revocation of the Power of Attorney accordingly and file the notice in the Land Registry.

(4) Nothing in subsection (2) of this section shall apply to an irrevocable Power of Attorney given for valuable consideration.

(5) A Power of Attorney, which has been filed under this section and of which no notice of revocation has been given to the Registrar, shall be deemed to be subsisting; and no disposition in purported exercise of such Power of Attorney shall be defeasible by reason only that the power has been revoked, unless the person for the time being claiming under such disposition had actual notice of such revocation.

(6) Any person who makes a payment or does an act under a Power of Attorney in good faith shall not be liable if at the date of payment or performance of the act, the Power of Attorney had been revoked without the knowledge of the donee.

(7) Any person who fails to comply with the provisions of this Section commits an offence and is liable on summary conviction to a fine of one hundred thousand naira (N100,000.00).

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