"purchaser" includes a lessee or mortgagee, or an intending purchaser, lessee or mortgagee, or other person who, for valuable consideration, takes or deals for property "purchase" has a meaning corresponding with that of purchaser "property" means real property and includes chattels real but does not include personal property as defined in the Personal Property Security Act "mortgagor" includes a person deriving title under the original mortgagor, or entitled to redeem a mortgage, according to his or her estate, interest or right in the mortgaged property "mortgagee in possession" is a mortgagee who, in right of the mortgage, has entered into and is in possession of the mortgaged property "mortgagee" includes a person deriving title under the original mortgagee
"mortgage money" means money or money's worth secured by a mortgage "mortgage" includes a charge on property for securing money or money's worth "encumbrancer" has a meaning corresponding with that of encumbrance, and includes a person entitled to the benefit of an encumbrance, or to require payment or discharge of an encumbrance
"encumbrance" includes a mortgage and a trust for securing money and a lien and a charge of a portion, annuity or other capital or annual sum "conveyance" includes assignment, appointment, lease, settlement and other assurance and covenant to surrender made by deed, on a sale, mortgage, demise or settlement of property, or on another dealing by deed with or for property "convey" has a meaning corresponding with that of conveyance This Act may be cited as the Conveyancing Act. Right of mortgagor to inspect title deedsĮffect of power of attorney for value or not made irrevocable for fixed timeĭuty on non-resident mortgagee to have attorney Of mortgaged property in action for foreclosure Powers incident to estate or interest of mortgageeĪmount and application of insurance money
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