6 Oct 2008
JANICE MARY MENERE, RUPERT OLIVER SMITH AND KELLEE ANN MENERE V JACKSON MEWS MANAGEMENT LIMITED HC WN CIV 2008-485-562
- Citation
- openlaw-3ceb92ee_66c7_4476_a74a_0594feb9838c.pdf
- Court
- High Court
The registered memorandum met the statutory definition of a mortgage because it is a charge on land securing a rentcharge under the Land Transfer Act; accordingly the statutory equitable right of redemption in s81 Property Law Act 1952 entitles the plaintiffs to redeem by payment of all money owing, so payment of $9.90 required the defendant to discharge the encumbrance.