If the right of the holder of the mortgage certificate as creditor arises from a consecutive series of publicly certified declarations of assignment that lead back to a registered creditor, the provisions of sections 891 to 899 apply in the same way as if the holder of the certificate were entered in the Land Register as a creditor. A judicial transfer order and a publicly certified acknowledgement of a transfer of the claim effected by operation of law are equivalent to a publicly certified declaration of assignment.
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Book 3 · Law of property › Title 1 · Mortgage › Section 1155
Presumption of legal force of certified declarations of assignment
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