REAL PROPERTY ACT 1900 - SECT 65
Discharge of mortgages, charges and covenant charges
REAL PROPERTY ACT 1900 - SECT 65
Discharge of mortgages, charges and covenant charges
65 Discharge of mortgages, charges and covenant charges
(1) Whenever a mortgage, charge or covenant charge registered under this Act
is intended to be discharged wholly or partially the mortgagee, chargee or
covenant chargee shall execute a discharge in the approved form.
(2) Upon
registration of a discharge of mortgage, charge or covenant charge the
mortgaged or charged estate or interest shall, to the extent specified in the
discharge, cease to be charged with any moneys secured by the mortgage, charge
or covenant charge.