National Land Code (Revised - 2020) · Updated to 15 Oct 2020 · Chapter 4 · Manner of registration
308. Additional procedure where sale by chargee extinguishes subsequent charges
Feedback & supportWhere, by virtue of subsection 267(1), the effect of registering any certificate of sale is to extinguish not only the charge for breach of which the sale was effected but also one or more charges subsequent thereto, the Registrar shall, in the case of each such subsequent charge (and in addition to cancelling the memorial and copy memorial thereof, as required by paragraph 305(1)(c))
certificate of sale
“certificate of sale” means any certificate issued to a purchaser under subsection 259(3) or 265(4), including either of those subsections as applied by subsection 281(3);
endorse the original and, if able to secure its production, the duplicate thereof in the like manner as that provided by subsection 307(5) with respect to the original and duplicate of the first-mentioned charge.