Bankruptcy and Diligence etc. (Scotland) Act 2007

91 Caveat by purchaser under missives S

(1) This section applies where—

(a) a person has entered into a contract to purchase land from a debtor; and

(b) ownership has not been transferred to that person.

(2) The person may, for the purpose of receiving intimation of any application, under section 92(1) of this Act, for a warrant for sale of the land, register in the Register of Inhibitions a notice in (or as nearly as may be in) the form prescribed by Act of Sederunt.

Commencement Information

I1 S. 91(2) partly in force; s. 91 not in force at Royal Assent see s. 227; s. 91(2) in force for certain purposes at 1.4.2008 by S.S.I. 2008/115, art. 3(4), Sch. 3 (with arts. 4-6, 10)