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Section 15 - Limitation of Actions Act 1958 - Limitation of redemption actions — Zoe

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Limitation of Actions Act 1958

15Limitation of redemption actions

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15 Limitation of redemption actions When the mortgagee of land has been in possession of any of the mortgaged land for a period of fifteen years no action to redeem or to compel discharge of the mortgage of the land of which the mortgagee has been in possession shall thereafter be brought by the mortgagor or any person claiming through him. No. 5914 s. 16.

Previous section14Right of action not to accrue or continue unless there is adverse possession Next section16No right of action to be preserved by formal entry or continual claim