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Schedule (H) Form of Discharge of Bond and Assignation in Security

United Kingdom

I, A.B., [designation,] in consideration of the sum of now paid to me by C.D. [designation,] discharge a bond and assignation in security for the sum of ,granted by the said C.D. in my favour [or as the case may be*], and which is dated and recorded in the [register, and date of recording]; and I declare to be disburdened thereof a lease granted by E.F. [designation] of [shortly mention subjects leased] in the parish of and county of ,which lease is dated and recorded [register, and date of recording].

[Testing Clause.F1+]

+Note—F2In the case of a traditional document, subscription of it by the granter will be sufficient for the document to be formally valid, but witnessing of it may be necessary or desirable for other purposes (see the Requirements of Writing (Scotland) Act 1995F3, which also makes provision as regards the authentication of an electronic document).

* Note.—If granter not original creditor F4name and design original creditor

Annotations

Textual amendments

F1

Words in Sch. (H.) inserted (1.8.1995) by 1995 c. 7, s. 14(1), Sch. 4 para. 13 (with ss. 9(3)(5)(7), 13, 14(3))

F2

Words in Sch. (H.) substituted (S.) (8.12.2014) by Land Registration etc. (Scotland) Act 2012 (asp 5), ss. 122, 123, Sch. 2 para. 18(a) (with s. 121, Sch. 4 paras. 13, 16); S.S.I. 2014/127, art. 2

F3

Words in Sch. (H.) inserted (S.) (8.12.2014) by Land Registration etc. (Scotland) Act 2012 (asp 5), ss. 122, 123, Sch. 2 para. 18(b) (with s. 121, Sch. 4 paras. 13, 16); S.S.I. 2014/127, art. 2

F4

Words substituted by Succession (Scotland) Act 1964 (c. 41), s. 34(1), Sch. 2 para. 7