Project Contact: British Columbia Law Institute
Telephone Number: 604.822.0142
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Keywords: remedy; default; mortgage; agreement; sale; personal; covenant; foreclosure; redemption; reinstatement; conveyance; security; real; property; land
In British Columbia, there are two principal devices used to create consensual security interests in land-the mortgage and the agreement for sale. Although the devices are functionally identical, the law and practice relating to them diverges on a number of points of detail. This project examines one point of that divergence-with respect to remedies-and considers ways to introduce some uniformity to the law.
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