Section 127 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 127 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Application of proceeds of sale. It provides as follows: The money which is received by the mortgagee, arising from the sale, afterdischarge of prior incumbrances…

Section 126 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 126 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Conveyance on sale. It provides as follows: (1) A mortgagee exercising the power of sale conferred by this Law, shall havepower, by deed, to convey…

Section 125 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 125 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Regulation of exercise of power of sale. It provides as follows: A mortgagee shall not exercise the power of sale conferred by this Law unlessand…

Section 124 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 124 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Provision as to mortgages of undivided shares in land. It provides as follows: (1) A person who was before the commencement of this law, a…

Section 123 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 123 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Powers incident to estate or interest of mortgagee. It provides as follows: (1) A mortgagee, where the mortgage is made by deed, shall, by virtue…

Section 122 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 122 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Powers of mortgagor and mortgagee in possession to accept surrenders of leases. It provides as follows: (1) For the purpose only of enabling a lease…

Section 121 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 121 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Leasing powers of mortgagor and mortgagee in possession. It provides as follows: (1) A mortgagor of land while in possession shall as against everyincumbrancer, have…

Section 120 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 120 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Actions for possession by mortgagors. It provides as follows: (1) A mortgagor for the time being entitled to the possession or receipt of therents and…

Section 119 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 119 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Priorities as between mortgages. It provides as follows: Every mortgage affecting a legal estate in land made after the commencementof this Law whether legal or…

Section 118 Property and Conveyancing Law of the Western Region of Nigeria 1959 Section 118 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Regulations respecting inspection, production and delivery of documents, and priorities. It provides as follows: (1) A mortgagor, as long as his right to redeem subsists,…