REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
TITLE TO REAL PROPERTY
THE LAND COURT AND REGISTRATION OF TITLE TO LAND
Limitations upon liability and amount of compensation
Section 107. The assurance fund shall not be liable for any loss, damage or deprivation occasioned by a breach of trust, whether express, implied or constructive, by any registered owner who is a trustee, or by the improper exercise of any power of sale in a mortgage, nor shall any plaintiff recover in contract as compensation under this chapter more than the fair market value of the land at the time when he suffered the loss, damage or deprivation thereof.