Brown gave a mortgage to Doe on a parcel of land (located in Ontario)that he owned.Brown later sold the mortgaged land to Green.Green,some time later,sold the land to Hughes.Hughes defaulted on payment of the mortgage.
-Doe would be entitled to sell the land when Hughes defaulted on the payment.

Question

Quizplus · Accepted Answer

As the original mortgage holder, Doe would have the right to sell the mortgaged land in the event of default by the new owner, Hughes. This is the standard procedure for mortgages in Canada under the Mortgage Act. However, there may be specific terms and conditions in the mortgage agreement that could affect this right, so it is important to review the mortgage contract in detail.

Brown Gave a Mortgage to Doe on a Parcel of Land