Sale by a Receiver - 1994
As the Receiver's authority to sell depends on the continuing existence of the charge under which he was appointed, it is important to ensure that any discharge of a charge in favour of the appointor of the Receiver is dated subsequent to any assurance under which the Receiver purports to sell the property.
This note is an addendum to the Practice Note titled "Purchasing From Liquidator or Receiver" published in the Law Society's Newsletter dated September 1986.