Equitable redemtion is a term that refers to the interest of the mortgagor in a title jurisdiction after default. It was in this situation that the mortgagor needed the aid of equity to provide relief from the conveyance, which at law had become absolute in the mortgagee. Just in case you found yourself catastrophically bored, and giving a shit about real property securities.
1 comment:
hehe.. I study real estate law O.o
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