118 Forms of statutory transfers of legal charges
Law of Property Act 1925 (1925 c 20) | Legislation

118  Forms of statutory transfers of legal charges

(1)     A transfer of a statutory mortgage may be made by a deed expressed to be made by way of statutory transfer of mortgage, being in such one of the three forms (Nos. 2, 3, or 4) set out in the Fourth Schedule to this Act as may be appropriate to the case with such variations and additions, if any, as circumstances may require, and if so made the provisions of this section shall apply thereto.

(2)     In whichever of those three forms the deed of transfer is made, it shall have effect as follows (namely):—

(i)     There shall become vested in the person

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