Mortgages Act, 1972 N.R.C.D. 96
Section 15:
On the failure of performance of an act secured by the mortgage the mortgagee may
(a) sue the mortgagor or obligor or both of them on a personal covenant to perform, or
(b) realise the mortgagee’s security in the mortgaged property in all or any of the ways provided in this Act and in no other despite a provision to the contrary in the mortgage.
Procedure to Follow
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Responsible Institution
28th February Road, Finance Drv, Accra
- Email: info@mofep.gov.gh
- Website: www.mofep.gov.gh
- GPS: GA-144-2024
- Telephone: +233 302 747 197
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