Statute
Section 101 — Property Law Act 2007: Terms in instrument of no effect if less favourable
Text of the provision Official document
101 Terms in instrument of no effect if less favourable Any term that is expressed or implied in an instrument and that is inconsistent with sections 97 to 99 has no effect to the extent that it is less favourable to the current mortgagor or other person entitled to redeem the mortgaged property.
Official source: legislation.govt.nz
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