2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

66.1   Scope of this Part

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    (1)   This Part deals with claims by a mortgagor or mortgagee for any of the following forms of relief —

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      (a)     foreclosure;

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      (b)     delivery of possession by the mortgagee;

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      (c)     payment of money secured by a mortgage;

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      (d)     possession of a mortgaged property;

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      (e)     reconveyance of the property or release from the mortgage;

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      (f)     redemption of a mortgage;

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      (g)     sale of a mortgaged property; and

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      (h)     judgment fixing the amount due to the mortgagee under an equitable mortgage, pursuant to the relevant statute.

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    (2)   In this Part —

“mortgage” includes a legal or equitable charge and a legal or equitable mortgage;

“mortgage claims” means the claims by a mortgagee or mortgagor for any of the forms of relief referred to in paragraph (1);

“mortgagee” means the person to whom the mortgage was granted;

“mortgagor” means the person who has granted a mortgage of the mortgaged property.

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    (3)   This Part does not apply to Saint Lucia.

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    (4)   This Part does not affect any procedure under any enactment relating to the registration of title to land unless court proceedings are taken.