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PROPERTY LAW ACT 1974 - SECT 87
Protection of purchasers
87 Protection of purchasers
(1) Where a conveyance is made in exercise of the power of sale conferred by
this Act the title of the purchaser shall not be impeachable on the ground—
(a) that no case had arisen to authorise the sale; or
(b) that due notice was
not given; or
(c) that leave of the court, when so required, was not
obtained; or
(d) whether the mortgage was made before or after the
commencement of this Act, that the power was otherwise improperly or
irregularly exercised;
and a purchaser is not, either before or on conveyance,
concerned to see or inquire whether a case has arisen to authorise the sale,
or due notice has been given or the power is otherwise properly and regularly
exercised, but any person damnified by an unauthorised, or improper, or
irregular exercise of power shall have a remedy in damages against the person
exercising the power.
(2) This section shall not apply to a transfer made in
exercise of the power of sale conferred on a mortgagee under the Land Act or
Mineral Resources Act, except that where, after the commencement of this Act,
a transfer is so made the title of the purchaser shall not be impeachable on
the ground that no case had arisen to authorise the sale, and the purchaser is
not, either before or on conveyance, concerned to see whether a case has
arisen to authorise the sale, but any person damnified by an unauthorised
exercise of such power of sale shall have a remedy in damages against the
person exercising the power.
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