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Vendor or vendee may apply for an investigation of title, and a conveyance with indefeasible title. 47. Whenever a contract for sale of any estate in Ireland shall be made, it shall and may be lawful for the vendor and vendee jointly, or, if the contract shall so provide, for the vendor or vendee individually, as the case may be, to present a petition to the said Court for the purpose of procuring for the said vendee an indefeasible title to the land so previously sold, and a statutable conveyance thereof under the said Court to him; and (if necessary) the Court, as incidental to such proceeding, may make an order for a specific performance of such contract at the instance of either party; and thereupon all investigations of title and other proceedings in relation to such petition shall be similar to those which are and shall be prescribed for owners applying for the sale of incumbered or unincumbered property by the Court as aforesaid, save that no sale thereof shall be made by the said Court, unless the petitioner, being the vendor, shall so desire, with the consent of the purchaser, but the sale or contract so theretofore made by the vendor shall be ratified by the said Court, if it shall so think fit; and a conveyance of such property so sold shall be executed to the purchaser by the judge, and such conveyance shall have the same validity and effect as conveyances of incumbered estates by the judges under this Act; and it shall and may be lawful for such Court, if necessary, to pay and discharge out of the purchase money such incumbrances as shall appear upon investigation of title to be charged upon the property so sold or contracted to be sold and for that purpose to order the purchase money into Court: Provided always, that it shall be lawful for the Court, at the joint instance of the vendor and vendee, to substitute any other person as purchaser in the room and stead of the original vendee, or to set up the land for sale under the Court; and in such case the conveyance shall be made by the judge to such substituted or other purchaser as if the original application had been for a sale of the lands so contracted for. S.48 rep. by SLR 1893. Ss.49, 50 rep. by SRO (NI) 1967/76Effect of declaration.
© 1858 Crown Copyright
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