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Description
The Transfer Pursuant to Purchase by Chargee with Leave of Court (Form LRA-60) is used when a chargee (lender) purchases the charged property with court approval following a borrower’s default. This form facilitates the legal transfer of ownership from the chargor (borrower) to the chargee, ensuring the transaction is properly documented and registered in accordance with land registration laws.
Transfer Pursuant to Purchase by Chargee with Leave of Court – Form LRA-60
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