a mortgagee whose equitable mortgage is protected by the deposit of title deeds must register his interest as a land charge.

Question

Quizplus · Accepted Answer

An equitable mortgage created by the deposit of title deeds does not require registration as a land charge to be effective because it is an equitable interest and not a legal interest that falls under the requirement for registration as a land charge.

A Mortgagee Whose Equitable Mortgage Is Protected by the Deposit