sec.61SMAmending or transferring a mortgage

### sec.61SM Amending or transferring a mortgage A registered mortgage may be amended only by registering an amendment of the mortgage. However, an amendment must not add a party to or remove a party from the mortgage. A registered mortgage may be transferred only by registering a transfer of the registered mortgage. A mortgage may be transferred by the mortgagee only with the Minister’s written approval. s 61SM ins 2010 No. 12 s 45 (sec.61SM-ssec.1) A registered mortgage may be amended only by registering an amendment of the mortgage. (sec.61SM-ssec.2) However, an amendment must not add a party to or remove a party from the mortgage. (sec.61SM-ssec.3) A registered mortgage may be transferred only by registering a transfer of the registered mortgage. (sec.61SM-ssec.4) A mortgage may be transferred by the mortgagee only with the Minister’s written approval.