Consolidation Of Mortgages

Consolidation Of Mortgages in Europe

Definition of Consolidation Of Mortgages

The equitable doctrine that a mortgagee who held several mortgages by the same mortgagor could insist on the redemption of all, if the mortgagee sought to redeem any of them. The doctrine is now excluded by section 93, ‘Law of Property Act, 1925, unless a contrary intention is expressed in the deeds. See Vint v. Padget; Jennings v. Jordan

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Definition of Consolidation Of Mortgages is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.

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