A mortgage under a registry system involves an immediate conveyance of title, but a mortgage under a land titles system does not.

Name: A mortgage under a registry system involves an immediate conveyance of title, but a mortgage under a land titles system does not.
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In a registry system, the mortgagee receives the title as security, while in a land titles system, the title remains with the mortgagor, and the mortgage is registered as a charge against the title.

A Mortgage Under a Registry System Involves an Immediate Conveyance