Mortgage Possession Proceedings under English Law Legal Protections for Homeowners is popular PDF and ePub book, written by Armstrong Odiwuor in 2024-06-25, it is a fantastic choice for those who relish reading online the Law genre. Let's immerse ourselves in this engaging Law book by exploring the summary and details provided below. Remember, Mortgage Possession Proceedings under English Law Legal Protections for Homeowners can be Read Online from any device for your convenience.
Mortgage Possession Proceedings under English Law Legal Protections for Homeowners Book PDF Summary
Seminar paper from the year 2024 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A, Free University of Berlin (Business Administration and Management), course: Business Law, language: English, abstract: This paper explores the legal framework surrounding mortgage possession proceedings, with a focus on Zara, a sole homeowner facing significant arrears after leaving her job to care for her ill brother. Zara's lender, Oak Bank, is initiating possession proceedings, raising concerns about the potential sale of her house below market value to an employee. The paper examines Oak Bank's grounds for possession under the Law of Property Act 1925 and the Administration of Justice Act 1970. It highlights possible defenses Zara can employ, including demonstrating her ability to pay arrears and invoking her right to relief under the Administration of Justice Acts. Additionally, it addresses the mortgagee's duty to act in good faith, achieve the best sale price, and avoid conflicts of interest. The paper concludes by outlining the steps Zara can take to ensure a fair and transparent sale process, safeguarding her interests.
Detail Book of Mortgage Possession Proceedings under English Law Legal Protections for Homeowners PDF
- Author : Armstrong Odiwuor
- Release : 25 June 2024
- Publisher : GRIN Verlag
- ISBN : 9783389039809
- Genre : Law
- Total Page : 14 pages
- Language : English
- PDF File Size : 14,7 Mb
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