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LAND ACT 1994 - SECT 349
Liability of mortgagee in possession
349 Liability of mortgagee in possession
A mortgagee who enters into possession under a lease or sublease (whether by
taking the rents or profits or in another way) is liable under the lease or
sublease to the same extent as the lessee or sublessee was liable under the
lease or sublease before the mortgagee entered into possession.
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