Congressional Edition Volume 5278

Congressional Edition Volume 5278

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...the debt for which the mortgage or incumbrance was held, is not all due, so soon as sufficient of the property has been sold to pay the amount due, with costs, the sale must cease; and afterwards, as often as more becomes due for principal or interest, the Court may, on motion, order more to be sold. But If the property cannot be sold in portions without Injury to the parties, the whole shall be ordered to be sold in the first instance, and the entire debt and costs paid, there being a rebate of interest where such rebate is proper. Sec 2C0. Judgment for balance after sale of property.--Upon the sale of any real property, under a decree for a sale to satisfy a mortgage or other incumbrance thereon, if there be a balance due to the complainant, after applying the proceeds of the sale, the Court, upon motion, shall give a decree against the defendant for any such balance for which, by the record of the case, he may be personally liable to the plaintiff upon which execution may issue Immediately if the balance is all due at the time of the rendition of the decree, otherwise the plaintiff shall be entitled to execution at such time as the balance remaining would have become due by the terms of the original contract which time shall be stated in the decree. Sec 201. Final record.--The final record in the action shall set forth in brief, the petition and other pleadings, judgment, orders, the proceedings under the order of sale, and the decree confirming the same, and the name of the purchaser, with a description of the estate by him purchased. A certified copy of such record shall be recorded in the office of the registrar of deeds for the province in which the estate is situated. Enacted Aug. 7, 1901. LAND REGISTRATION. THE LAND REGISTRATION ACT AS...show more

Product details

  • Paperback | 674 pages
  • 189 x 246 x 34mm | 1,184g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236532538
  • 9781236532534