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LEGAL MORTGAGE LAND [5 records]

Record 1 2015-09-14

English

Subject field(s)
  • PAJLO
  • Law of Security
OBS

To be effective, it [the legal charge] must be —(i) made by deed : a charge merely in writing will have no effect at law; and(ii) expressed to be by way of legal mortgage : the deed must contain a statement that the charge is made by way of legal mortgage, though such a statement is not required where the title to the land is registered.(Megarry's Manual of the Law of Real Property, 1982, 6th ed., p. 465).

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

sûreté réelle légale : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 1

Record 2 2015-09-14

English

Subject field(s)
  • Law of Security
  • PAJLO
CONT

It is an essential feature of a legal mortgage that it should vest the legal estate in land in the mortgagee, and it follows that any mortgage which does not transfer the legal estate cannot be a legal mortgage.

French

Domaine(s)
  • Droit des sûretés
  • PAJLO
OBS

Ne pas confondre les termes «hypothèque de common law» et «hypothèque en common law». Le terme «hypothèque de common law» désigne l'hypothèque qui grève un titre en common law, par opposition à l'hypothèque qui grève un titre en equity. Le terme «hypothèque en common law» désigne l'hypothèque telle qu'elle était conçue par le régime de la common law, avant que les dispositions législatives ne la privent d'effet dans ses principaux attributs ou encore plus anciennement, avant que l'equity ne la modifie considérablement dans son essence.

OBS

hypothèque de common law : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 2

Record 3 2015-09-14

English

Subject field(s)
  • PAJLO
  • Law of Security
  • Loans
CONT

Although the term "legal mortgage" is inappropriate to a mortgage under the land titles system and is not in fact in common use, the term "equitable mortgage", which under the old system is used in contradistinction to a legal mortgage, is under the new system commonly used to indicate a mortgage or charge other than a registered or statutory mortgage. Under the old system any mortgage subsequent to a legal mortgage is necessarily an equitable mortgage, but under the new system a second mortgage is of the same nature as a first mortgage. In other respects, however, the ordinary rules as to equitable mortgages prevail under the land titles system. Thus, an equitable mortgage may be created by an agreement to execute a mortgage or to charge money on land or by deposit of documents of title.(Falconbridge on Mortgages, 1977, 4th ed., s. 10. 11)

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
  • Prêts et emprunts
OBS

hypothèque enregistrée : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 3

Record 4 2013-03-08

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
CONT

A mortgage under the "Land Titles Act" does not convey the legal estate but creates a charge or security only. A transfer of a land title charge or mortgage must in form comply with the relevant provincial statutes.(Anger and Honsberger, 1959, p. 977).

Key term(s)
  • land titles charge

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

charge en régime d'enregistrement des titres : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 4

Record 5 1986-08-19

English

Subject field(s)
  • Property Law (common law)

French

Domaine(s)
  • Droit des biens et de la propriété (common law)

Spanish

Save record 5

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