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CONVEYANCING ACT 1882 - SECT 12



12. The right of the mortgagor, under section fifteen of the Conveyancing Act
of 1881, to require a mortgagee, instead of re-conveying, to assign the
mortgage debt and convey the mortgaged property to a third person, shall
belong to and be capable of being enforced by each incumbrancer, or by the
mortgagor, notwithstanding any intermediate incumbrance; but a requisition of
an incumbrancer shall prevail over a requisition of the mortgagor, and, as
between incumbrancers, a requisition of a prior incumbrancer shall prevail
over a requisition of a subsequent incumbrancer.

S.13 and Schedule rep. by SLR 1898



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© 1882 Crown Copyright

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