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Authorized Version No. 160Sale of Land Act 1962
No. 6975 of 1962
Authorized Version incorporating amendments as at
1 June 2016
TABLE OF PROVISIONS
Section
1
2Short title and commencement
Definitions
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What is apportionment of mortgage moneys?
The apportionment of mortgage moneys is a process of dividing or distributing mortgage payments among multiple parties involved in the mortgage transaction.
Who is required to file apportionment of mortgage moneys?
The parties involved in a mortgage transaction, such as the lender, borrower, and any co-borrowers or co-signers, may be required to file an apportionment of mortgage moneys.
How to fill out apportionment of mortgage moneys?
To fill out an apportionment of mortgage moneys, the parties involved should provide details of the mortgage payments made and received, any agreements or arrangements for sharing the payments, and any other relevant information.
What is the purpose of apportionment of mortgage moneys?
The purpose of apportionment of mortgage moneys is to ensure that each party involved in the mortgage transaction receives the proper share of the mortgage payments made and to avoid any disputes or misunderstandings.
What information must be reported on apportionment of mortgage moneys?
The information that must be reported on an apportionment of mortgage moneys includes details of the mortgage payments, the parties involved, any agreements or arrangements for sharing the payments, and any other relevant information.
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