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The paperwork should be submitted for the Registrar soon after complying with all specifications of the Registration Act together with the prescribed registration payment. In the situation of the assignment of the Mortgage loan the consideration for that deed of assignment shall be deemed to get the worth for Registration.
Just about every transfer of immovable property designed with intent to defeat or delay the creditors on the transferor shall be voidable at the choice of any creditor so defeated or delayed. This rule doesn't impair the rights of a transferee in good faith and for thought.
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