South Australian Current Acts

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LAW OF PROPERTY ACT 1936 - SECT 18

18—Vesting order consequential on judgment for sale or mortgage of land

Where the court gives a judgment, or makes an order directing the sale or mortgage of land, every person, whether under disability or not, who is entitled to or possessed of the land, or entitled to any interest therein, and is a party to the action or proceeding, or otherwise bound by the judgment or order, shall be deemed to be so entitled or possessed, as the case may be, as a trustee within the meaning of the Trustee Act 1936 ; and the court may, if it thinks expedient, make an order vesting the land, or any part thereof, for such estate as the court thinks fit in the purchaser or mortgagee, or in any other person.



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