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Land Titles Act 1925
78Transfer of mortgage or lease—right to sue
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78 Transfer of mortgage or lease—right to sue
By virtue of every transfer of a mortgage, encumbrance or lease, the
right to sue upon the memorandum of mortgage, encumbrance or
lease, and to recover any debt, sum of money, annuity or damages
thereunder (notwithstanding that the right may be deemed or held to
constitute a chose in action), and all interest in any such debt, sum of
money, annuity or damages shall be transferred so as to vest it in the
transferee thereof.