Lender can rely on title register when mortgage not fraudulent

A recent Divisional Court decision that found a mortgage was not a fraudulent instrument allowed the lender to rely upon the state of the title register which showed no prior mortgages — resulting in the court overturning a prior decision over which the original/previous lender had the ‘first mortgage’ on a property, Toronto real estate lawyer Lisa Laredo tells Law Times.

The full article can be found at http://www.advocatedaily.com/lisa-laredo-lender-can-rely-on-title-register-when-mortgage-not-fraudulent.html

By | 2018-05-30T22:20:34+00:00 December 30th, 2016|

About the Author:

Lisa Laredo
Lisa Laredo is a Toronto-based wills & estates, real estate, and commercial lawyer. At Laredo Law, we have the experience and expertise to create the legal structures that will serve your business now and into the future.