What Is the Effect of Section 23 of the Law

question 1

Multiple Choice

What is the effect of section 23 of the Law of Property Act 1969?

• A) It reduces the period required to show good title from 30 to 15 years
• B) It clarifies the position in relation to the puisne mortgage
• C) It imposes a requirement of registration of title
• D) It prevents a purchaser from being bound by any interests created more than 15 years ago

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Definitions:

Vendor Lists

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QBO

Abbreviation for QuickBooks Online, a cloud-based accounting software designed for small to medium-sized businesses.

Subcontractors

External workers or companies hired by a primary contractor to perform specific tasks within a larger project.

Discounts Offered

Discounts offered are reductions from the usual cost of goods or services provided by a company to its customers, often used as a sales incentive.