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The laws come under Part III Law of Property Act 1925 and Local Land Charges Act 1975. King Sturge had a multi-disciplinary role acting as receiver under the Law of Property Act 1925, managing the property and selling it on behalf of the Bank. Foreclosure and Judicial Sale Where a mortgagor defaults on its obligations in Alberta, the remedies available to a mortgagee, and the procedures by which to pursue those remedies, have been established in the Land Titles Act (Alberta), Part 5 of the Law of Property Act (Alberta), and Part 49 of the Alberta Rules of Court. |
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