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Ashorn Ashorn
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Under the registry system, when a first mortgagee gives a discharge of its mortgage to the mortgagor, the effect of the discharge if registered is to
a. act to reconvey legal title of the land to the mortgagor.
b. acknowledge that the mortgage debt has been paid in full.
c. act as a cancellation of the encumbrance on the land.
d. act to bring all rights and remedies of the mortgagee to an end.
e. all of the above
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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MiY4GiMiY4Gi
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Ashorn Author
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nicee
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