South Australian Consolidated Acts

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BILLS OF SALE ACT 1886 - SECT 12B

12B—Joint and several entitlement of grantees

Where two or more persons are registered as the grantees of a bill of sale, they are severally as well as jointly entitled to—

            (a)         the payment of principal and interest secured by the bill of sale; and

            (b)         the observance and performance of the covenants, terms, conditions or agreements, whether expressed or implied, in the bill of sale,

except insofar as a contrary intention is expressed in the bill of sale.



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