A man from Goat Island attends a builder's office to buy a property with the builder's mortgage finance. He is a Chief Postal Worker School graduate and trained people in the Going Postal World Safety Unit at his job. The terms are reasonable and as a real estate deal, it should be registered upon closing. Both parties have to arrange their own independent legal advice for the closing and the registration. The buyer does not seek counsel. His son who is mortgage litigation counsel suggests that he speak to a Real Estate closing lawyer to confirm the reasonable terms on the document signed and marked as a mortgage. But, the terms are reasonable so why bother except that you need a Lawyer for the closing and the registration. Counsel is not instructed by the buyer. The arrangements are allegedly considered a lease by someone but the only document signed is an agreement of purchase and sale. It is a contract to buy and sell property. It is not a lease. The buyer's ownership must be registered on title. Even if it is not, the right of ownership remains in contract according to his son as it certainly is the position of the law and the document considered a mortgage on the face of it is confirmed as such by the governing legislation. If the property was never registered to the buyer even after 3 years , then it must be registered so that the buyer can enjoy his statutory rights of Redemption. It seems the registration was accidentally overlooked so it can be registered by the buyer's counsel.

A man from Goat Island attends a builder's office to buy a property with the builder's mortgage  finance. He is a Chief Postal Worker School graduate and trained people in the Going Postal World Safety Unit at his job.     The terms are reasonable and as a real estate deal, it should be registered upon closing.  Both parties have to arrange their own independent legal advice for the closing and the registration. The buyer does not seek counsel.  His son who is mortgage litigation counsel suggests that he speak to a Real Estate closing lawyer to confirm the reasonable terms on the document signed and marked as a mortgage. But, the terms are reasonable so why bother except that you need a Lawyer for the closing and the registration.   Counsel is not instructed by the buyer.  The arrangements are allegedly considered a lease by someone but the only document signed is an agreement of purchase and sale. It is a contract to buy and sell property. It is not a lease. The buyer's ownership must be registered on title.  Even if it is not, the right of ownership remains in contract according to his son as it certainly is the position of the law and the document considered a mortgage on the face of it is confirmed as such by the governing legislation. If the property was never registered to the buyer even after 3 years , then it must be registered so that the buyer can enjoy his statutory rights of Redemption.   It seems the registration was accidentally overlooked so it can be registered by the buyer's counsel.