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Alexis Borrowed $500 000 from Chong

Question 52

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Alexis borrowed $500 000 from Chong.As security for the repayment of the loan, she gave a mortgage over her property.The property is registered under a land titles system.Alexis has now repaid the loan and otherwise satisfied the terms of the mortgage.Nevertheless, she may not be entitled to a re-conveyance of title.

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