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Heritable Securities (Scotland) Act 1894 (c. 44)Heritable Securities (Scotland) Act 1894 1894 CHAPTER 44 57 and 58 Vict An Act to amend the law relating to heritable securities in Scotland. [25th August 1894]LegislationTable of Content1. Short title. S2. †Extent and commencement of Act. S3. Tenants need not be parties to actions of maills and duties. S4. Power to interpel security holder. S5. Application to court by entitled residents S5. Lay representation in section 5 proceedings relating to residential property etc. S6. Power to lease security subjects for seven years or under. S7. Sheriff may grant power to lease security subjects for longer periods, not more than 21 years for heritable property in general, and 31 years for minerals. S8. Provisions for security holders becoming proprietors of security subjects. S9. Completion of title of security holders. Personal obligation of debtor to remain so far as not extinguished by price. S10. Purchaser’s title indefeasible. S11. Sheriff may grant power to pari passu security holder to sell pari passu security. S12. Provisions anent procedure. S13. Provisions of Act to have effect notwithstanding incapacity of debtor. Trustees and others to have powers conferred by Act. S14. Security holders under Registration of Leases Act to have same powers as security holders. S15. Sheriff to have jurisdiction whatever value of lands. S16. Provisions as to notice where debtor has died and heir cannot be ascertained. S17. Rights under existing law reserved. S18. Interpretation clause. S19. Saving as to rights of Crown. SJump to section 1. Short title. S2. †Extent and commencement of Act. S3. Tenants need not be parties to actions of maills and duties. S4. Power to interpel security holder. S5. Application to court by entitled residents S5. Lay representation in section 5 proceedings relating to residential property etc. S6. Power to lease security subjects for seven years or under. S7. Sheriff may grant power to lease security subjects for longer periods, not more than 21 years for heritable property in general, and 31 years for minerals. S8. Provisions for security holders becoming proprietors of security subjects. S9. Completion of title of security holders. Personal obligation of debtor to remain so far as not extinguished by price. S10. Purchaser’s title indefeasible. S11. Sheriff may grant power to pari passu security holder to sell pari passu security. S12. Provisions anent procedure. S13. Provisions of Act to have effect notwithstanding incapacity of debtor. Trustees and others to have powers conferred by Act. S14. Security holders under Registration of Leases Act to have same powers as security holders. S15. Sheriff to have jurisdiction whatever value of lands. S16. Provisions as to notice where debtor has died and heir cannot be ascertained. S17. Rights under existing law reserved. S18. Interpretation clause. S19. Saving as to rights of Crown. SSection 11. Short title. SThis Act may be cited for all purposes as the Heritable Securities (Scotland) Act, 1894. Section 22. †Extent and commencement of Act. SThis Act shall apply to Scotland only . . . F1 Textual Amendments F1 Words repealed by Statute Law Revision Act 1908 (c. 49)
Jump to section 1. Short title. S2. †Extent and commencement of Act. S3. Tenants need not be parties to actions of maills and duties. S4. Power to interpel security holder. S5. Application to court by entitled residents S5. Lay representation in section 5 proceedings relating to residential property etc. S6. Power to lease security subjects for seven years or under. S7. Sheriff may grant power to lease security subjects for longer periods, not more than 21 years for heritable property in general, and 31 years for minerals. S8. Provisions for security holders becoming proprietors of security subjects. S9. Completion of title of security holders. Personal obligation of debtor to remain so far as not extinguished by price. S10. Purchaser’s title indefeasible. S11. Sheriff may grant power to pari passu security holder to sell pari passu security. S12. Provisions anent procedure. S13. Provisions of Act to have effect notwithstanding incapacity of debtor. Trustees and others to have powers conferred by Act. S14. Security holders under Registration of Leases Act to have same powers as security holders. S15. Sheriff to have jurisdiction whatever value of lands. S16. Provisions as to notice where debtor has died and heir cannot be ascertained. S17. Rights under existing law reserved. S18. Interpretation clause. S19. Saving as to rights of Crown. S
1. Short title. SThis Act may be cited for all purposes as the Heritable Securities (Scotland) Act, 1894.
2. †Extent and commencement of Act. SThis Act shall apply to Scotland only . . . F1 Textual Amendments F1 Words repealed by Statute Law Revision Act 1908 (c. 49)