Section 31 Mortgage and Property Law of Lagos State

Section 31 of the Mortgage and Property Law of Lagos State 2010 is about Inspection, production and delivery of documents and priorities. It provides as follows:

(1) A mortgagor, as long as his right to redeem subsists, shall be entitled from time to time, at reasonable times, on his request, and at his own cost, and on payment of the mortgagee’s cost and expenses in this request to inspect and make copies or abstracts or extracts from the documents of title relating to the mortgaged property in the custody or power of the mortgagee.

(2) A mortgage whose mortgage is surrendered or otherwise extinguished, shall not be liable on account of delivering documents of title in his possession to
the person not having the best right to it, unless he has notice of the right or claim of a person having a better right, whether by virtue of a right to require a surrender or reconveyance or otherwise.

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