Introduction and Notes to the Transfer of Land Statute of Victoria (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1867 edition. Excerpt: ...transferrees--First in payment of the expenses of and incidental to such sale and consequent on such default then in payment of the moneys which may be due or owing to the annuitant or his transferrees and the residue shall be deposited by him or them at interest in the savings' bank or in some other bank in Melbourne in the joint names of the annuitant or his transferrees and of the registrar to satisfy the accruing payments of the charge and subject thereto for the benefit of the parties who may be or become entitled to the residue of the deposited money. Registrar 87. Upon the registration of any transfer signed by a mortgagee effecTto 0r annl"tan or hs transferrees for the purpose of such sale as sale by aforesaid the estate and interest of the mortgagor or grantor in mortgagee e axi therein described at the time of the registration of the or annm-., tant. mortgage or charge or which he was then entitled or able to transfer or dispose of under any power of appointment or disposition or under any power herein contained shall pass to and vest in the purchaser freed and discharged from all liability on account of such mortgage or charge and of any mortgage charge or incumbrance registered subsequent thereto excepting a lease to which the mortgagee or annuitant or his transferrees shall have consented in writing and the purchaser when registered as the proprietor shall be deemed a transferree of such land and shall be entitled to receive a certificate of title to the same. dVlt f e mortSaSee or annuitant or his transferrees upon mortgagee default in payment of the principal sum or interest or annuity or or annui-ariy part thereof respectively at the time mentioned in the mortenterand gage or charge may enter into possession of the...