Can I read Understanding Equitable Mortgages in Uganda on EtoBox?
Understanding Equitable Mortgages in Uganda by Muhamad Mahadi is a document available to read on EtoBox.
What is Understanding Equitable Mortgages in Uganda about?
An equitable mortgage is defined under Section 2(8)(b)(ii) of the Mortgage Act Cap 239, allowing a borrower to offer a certificate of title as security without formal registration. The case of Barclays Bank DCO v. Gulu Millers Ltd confirms that a deposit of deeds serves as an agreement for a legal mortgage, and in the absence of registration, an equitable mortgage is created. Swift Loans Uganda Limited can recover the debt from Blessing by serving a demand notice upon default, allowing 30 days for the mortg
- Author
- Muhamad Mahadi
- Language
- EN