Skip to content
In forceUpdated to 15 Oct 2020
Contents

Chapter 2 · Implied provisions

250. Agreements by chargor implied in absence of contrary intention

Feedback & support

In every charge created under this Act, the following agreements on the part of the chargor shall be implied in the absence of any express provision to the contrary:

(a)

that he will keep in repair all buildings on the land thereby charged or, where it is a lease that is charged, any building or part of a building comprised in, or forming the subject matter of, the lease;

(b)

that he will keep every such building or part insured to its full value against loss or damage by fire, in the joint names of himself and the chargee, and with insurers approved by the latter;

(c)

that he will permit the chargee or his agent, at all convenient times and after giving reasonable notice

(being, in the case of country land, not less than two clear days’ notice)—

(i)

to enter, and inspect the state of repair of, any such building or part; or 268

National Land Code 401

(ii)

to enter, and inspect the state of maintenance or cultivation of, the charged land or, as the case may be, the land comprised in the charged lease; and

(d)

that in the event of his failing to comply with any of the provisions thereof, express or implied, other than the agreement specified in paragraph 249(1)(a)—

(i)

the chargee may (without prejudice to any other remedy available to him under this Act)

take such action as is necessary to remedy the breach; and

(ii)

the costs properly incurred by the chargee in that behalf shall, if demanded in writing and not sooner paid, 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.

Report

Chapter 3

Remedies of chargees: Sale

Chapter 4

Remedies of chargees: Possession

Chapter 5

Discharge

Chapter 6

Liens

Chapter 1

Creation

Chapter 2

Release, extinguishment and cancellation

Chapter 1

Presentation of instruments for registration

Chapter 2

Procedure generally

Chapter 3

Determination of fitness for registration

Chapter 4

Manner of registration

Chapter 5

Powers of Attorney

Chapter 6

Cancellation of registration

Chapter 7

Endorsement of exempt tenancies

Chapter 1

Caveats

Chapter 2

Prohibitory orders

Chapter 1

Co-proprietorship

Chapter 2

Trusts

Chapter 2

Deposited plans

Schedules