National Land Code (Revised - 2020) · Updated to 15 Oct 2020 · Chapter 4 · Remedies of chargees: Possession
274. Position of chargee in possession
Feedback & supportA chargee in possession of any land by occupation shall be entitled to manage the land and take all the profits thereof, but shall be liable to the chargor for any act whereby the capital value of the land is impaired or the chargor is otherwise put to any loss.
land
“land” includes— (a) that surface of the earth and all substances forming that surface; (b) the earth below the surface and all substances therein; (c) all vegetation and other natural products, whether or not requiring the periodical application of labour to their production, and whether on or below the surface; (d) all things attached to the earth or permanently fastened to anything attached to the earth, whether on or below the surface; and (e) land covered by water;
Every chargee in possession, whether by occupation or by receipt of rent, shall be accountable to the chargor not only for all sums actually received by him, but also for any additional sums which he might reasonably have been expected to receive by the prudent exercise of his powers.
rent
“rent” includes— (a) any annual sum payable to the State Authority by way of rent; (b) any other annual payment due to the State Authority which by any written law is to be collected as if it were rent or land revenue; and (c) any fee due to the State Authority in respect of arrears of rent by virtue of rules under section 14; (d)…
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