Tag Archives: LPA 1925

LPA Receiver Roll in Possession’s

Based on the current information that any mortgage is probably a #VOIDMORTGAGE

What role can a LPA Receiver possibly have to do do with anything?

There are specific undertakings that they should carry out and most of them do no seem to be met.

Please join the conversation over at the VOIDMORTGAGE KNOWLEDGEBASE and extend this info for others in the same position

 

#VOIDMORTGAGE

Possession

In law, possession is the control a person intentionally exercises toward a thing. In all cases, to possess something, a person must have an intention to possess it. A person may be in possession of some property (although possession does not always imply ownership). Like ownership, the possession of things is commonly regulated by states under property law.

https://en.wikipedia.org/wiki/Possession_%28law%29

However in English law, specifically the Law of Property Act 1925 it has a statutory meaning.

from http://www.legislation.gov.uk/ukpga/Geo5/15-16/20/section/205 we have the following:

(xix)“Possession” includes receipt of rents and profits or the right to receive the same, if any; and “income” includes rents and profits;

#VOIDMORTGAGE