Queensland Consolidated Acts
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PROPERTY LAW ACT 1974 - SECT 98
Abolition of consolidation of mortgages
98 Abolition of consolidation of mortgages
(1) A mortgagor seeking to redeem any 1 mortgage is entitled to do so without
paying any money due under any separate mortgage made by the mortgagor, or by
any person through whom the mortgagor claims, solely on property other than
that comprised in the mortgage which the mortgagor seeks to redeem.
section has effect despite any stipulation to the contrary.
(3) This section
applies only where the mortgages are or 1 of them is made after the
commencement of this Act.
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