Statute
Section 80 — Property Law Act 2007: No mortgage over land by deposit of instruments of title
Text of the provision Official document
80 No mortgage over land by deposit of instruments of title A mortgage over land is not created by the deposit of the instruments of title relating to the land, whether or not the deposit is accompanied by a memorandum of the intent with which the deposit is made. Compare: 1952 No 51 s 77
Official source: legislation.govt.nz
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