A mortgage given verbally, before witnesses, is an equitable mortgage and is enforceable in Canadian courts.
Correct Answer:
Verified
Q24: The only "legal mortgage" that can be
Q25: A "charge" is a "mortgage" under the
Q26: Ashton wished to raise additional capital for
Q27: The mortgagee advances money to the mortgagor.
Q28: List the four common covenants of a
Q30: A mortgage dated and signed on February
Q31: Ashton wished to raise additional capital for
Q32: Ashton wished to raise additional capital for
Q33: An equity of redemption is a mortgageable
Q34: Where a debtor in default under a
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