Law of Property Amendment Act, 1859

Interpretation of terms.

25. In the construction or the previous provisions in this Act the term “land” shall be taken to include all tenements and hereditaments, and any part or share of or estate or interest in any tenements or hereditaments, of what tenure or kind soever; and

The term “mortgage” shall be taken to include every instrument by virtue whereof land is in any manner conveyed, assigned, pledged, or charged as security for the repayment of money or money's worth lent, and to be re-conveyed, re-assigned, or released on satisfaction of the debt; and

The term “mortgagor” shall be taken to include every person by whom any such conveyance, assignment, pledge, or charge as aforesaid shall be made; and

The term “mortgagee” shall be taken to include every person to whom or in whose favour any such conveyance, assignment, pledge, or charge as aforesaid is made or transferred:

The term “judgment” shall be taken to include registered decrees, orders of courts of equity and bankruptcy, and other orders having the operation of judgments.

Trustees and Executors.

[S. 26 rep. 56 & 57 Vict. c. 53. s., 51.]