Section 244
Custody of issue document of title or duplicate lease
of National Land Code (Revised - 2020)
(1)
A first chargee of any land or lease shall, as between himself and the proprietor or lessee for the time being, and subject to any agreement to the contrary, be entitled to the custody of the issue document of title to the land or, as the case may be, duplicate lease so long as any liability subsists under the charge.
(2)
A chargee having the custody of any issue document of title or duplicate lease shall, on the written request of the proprietor or lessee, and within such reasonable period as is specified in the request, produce the same at any Registry or Land Office so specified for any purpose for which it is required under any provision of this Act.
(3)
The costs properly incurred by any chargee in complying with any such request shall be payable by the proprietor or lessee on demand and, if demanded in writing and not sooner paid, shall be added to, and deemed for all the purposes of this Act to form part of, the first payment due under the charge after the date of the demand.
265
Act 828
Restriction on consolidation 245.
In the absence of any express provision therein to the contrary, a person seeking to discharge any charge may do so without making any payment in or towards the discharge of any other charge created by him, or any person through whom he claims, on property other than that comprised in the first-mentioned charge.