Western Australian Current Acts

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88 .         Transferee of encumbered land to indemnify transferor

                In every transfer of land under the operation of The Transfer of Land Act 1874 , or of this Act subject to a mortgage or charge there shall be implied a covenant with the transferor by the transferee binding the latter and his heirs executors administrators and transferees that he or they will pay the interest secured by such mortgage after the rate and at the times and in the manner therein specified and will pay the annuity at the times and in the manner specified in the charge and will indemnify and keep harmless the transferor and his representatives from and against the principal sum secured by the mortgage and from and against all liability in respect of any of the covenants therein contained or by this Act declared to be implied therein on the part of the transferor.

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