What a mortgagee do before going ahead with a mortgagee sale


Problem

Case Study: Property Law

Mortgages Jeff is a fortnight behind with his mortgage payments. He mentions this to Shirley and Shirley says: "they will probably just turn up one day and sell your house and take the money". Is Shirley right? What must a mortgagee do before going ahead with a mortgagee sale?

Identify and explain the statutory provisions which regulate this. What steps may a mortgagor take to prevent this? Give full reasons for your answer in terms of legislative provisions and case law.

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Business Law and Ethics: What a mortgagee do before going ahead with a mortgagee sale
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