The effect of the statutory protection to purchasers from irregularity in sale1 is that the purchaser is exempted from any duty to make inquiries; and, provided that he has no notice of any irregularity, he is protected notwithstanding that an event giving rise to the power of sale has not occurred, and even though at the time of the sale the mortgage has been paid off2. He is not, however, protected if he has actual notice3 of the irregularity4; consequently, he is not protected if the exercise of the power depends on a notice being given which in the
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234