Section 418. Assignment of mortgage, lease, or other lien or charge  


Latest version.
  • The
      holder of any mortgage, lease, or other lien  or  charge  on  registered
      property,  in  order  to  transfer  the  same or any part thereof, shall
      execute an assignment of the whole or any part thereof;  and  upon  such
      assignment  being  filed  in  the office of the registrar, the registrar
      shall enter in the title  book  a  memorial  of  such  transfer  with  a
      reference  to the assignment by its file number; he shall also note upon
      the instrument on file in his office intended  to  be  transferred,  and
      upon   the  registration  copy  thereof  produced,  the  number  of  the
      certificate on which the memorial is  entered,  with  the  date  of  the
      entry.