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Home/Legislation/Property Law Act 2023/sec.133

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Property Law Act 2023

sec.133Abolition of consolidation of mortgages

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### sec.133 Abolition of consolidation of mortgages A mortgagor seeking to discharge a mortgage over property (the primary mortgage ) is entitled to the discharge without paying any money due under another mortgage made by the mortgagor over property other than the property the subject of the primary mortgage.

Previous sectionsec.132Right to require transfer of mortgage instead of discharge Next sectionpt.8-div.5Proceedings

Section sec.133 - Property Law Act 2023 - Abolition of consolidation of mortgages — Zoe