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Fresh accrual of right of action on acknowledgment (action by mortgagee to recover land).
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52.—Where—
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(a) the right of a mortgagee of land to bring an action to recover the land has accrued, and
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(b) either—
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(i) the person in possession of the land acknowledges the mortgagee's title to the land, or
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(ii) the person in possession of the land or the person liable for the mortgage debt acknowledges the debt,
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the right of action shall be deemed to have accrued on and not before the date of the acknowledgment.
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