Singapore legislation
Clause 52
Clause 52
Registration of mortgage, charge or lease
(1)
Every mortgage, charge or lease presented for registration need not be lodged in duplicate except for a lease issued by the Housing and Development Board under Part IV of the Housing and Development Act [Cap. 129].
(2)
Upon registration of any mortgage, charge or lease, the Registrar shall enter a statement on the mortgage, charge or lease to the effect that it has been registered and, where such instrument is accompanied by a certificate of title, or lease the Registrar shall —
in the case of a manual folio or lease, endorse a memorial of the date of registration of the mortgage, charge or lease on the certificate of title or lease, and deliver the duplicate certificate of title or duplicate lease to the person entitled to the custody thereof; and
in the case of a computer folio, issue a new edition of the certificate of title showing the relevant entry of the memorial of registration of the mortgage, charge or lease and deliver a print-out of the certificate of title with such entry to the person entitled to the custody thereof.
(3)
In the absence of any express agreement to the contrary, the mortgagee, chargee or lessee shall be entitled to the custody of the certificate of title or duplicate lease.