Kaija Karoli v Centenary Rural Bank 3 Ors (CIVIL SUIT No 29 OF 2011)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a plaintiff who voluntarily transferred registered title to his son has no enforceable interest in the property based on a private agreement to retransfer after two years. The agreement binds only the parties to it by privity of contract and creates no obligations on third parties such as a mortgagee bank. A caveat lodged to extend the operation of a private contract to defeat a mortgagee's interest is lodged in bad faith and serves no legitimate purpose. A mortgagee sale conducted after proper statutory notice to the borrower conveys good title to the purchaser under Mortgage Act section 29 absent fraud.
Outcome
Plaintiff's suit dismissed; fourth defendant confirmed as lawful purchaser; plaintiff's caveat vacated; suit property to be registered in fourth defendant's name
Facts
In 2008 the plaintiff transferred registered title to land (Buyaga Block 48 Plot 93) to his son (2nd defendant) to enable the son to secure a bank loan, on the understanding that the son would retransfer the property within two years. The parties executed a private agreement to this effect and the plaintiff lodged a caveat to protect his interest. The son obtained loans totalling UGX 142,000,000 from Centenary Bank (1st defendant) secured by a mortgage over the property. The son defaulted. The bank served notice, advertised the property for sale, and sold it to the 4th defendant on 14 March 2011 through public auction. The plaintiff obtained an interim order to stop the sale, but it was served after the sale had occurred. The plaintiff was subsequently evicted. He sued to nullify the sale, arguing the bank should have notified him of the default and that the sale violated his caveat and the court order.
Issues
- Whether the sale of land comprised in Buyaga Block 48 Plot 93 at Kisweka by the 1st Defendant to the 4th Defendant was lawful?
- Whether the Plaintiff has a right in land comprised in Buyaga Block 48 Plot 93 at Kisweka?
- Whether the 1st Defendant is in contempt of court?
- Whether the eviction of the Plaintiff from the land described as Buyaga Block 48 Plot 93 at Kisweka was lawful?
- Whether the 2nd Defendant's name is liable for cancellation from the certificate of title for land described as Buyaga Block 48 Plot 93 at Kisweka?
Orders
- The plaintiff's suit is dismissed with costs to the first and fourth defendants.
- The Commissioner Land Registration is ordered to vacate the plaintiff's caveats lodged on the suit property comprised in Buyaga Block 48 Plot 93.
- The Commissioner Land Registration is directed to transfer the suit property comprised in Buyaga Block 48 Plot 93 into the names of the fourth defendant.
Rules and key headnotes
Legislation cited (9)
Cases cited (2)
- Asante Aviation Limited v Star of Africa Air Charter Limited [2017] UGCommC 25
- Alice Norah Mukasa v Centenary Rural Development Ltd & Another (HCCS No. 77 of 2010)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.