Can an equitable mortgage be granted where there is informality in the granting of a security interest that prevents it from being a legal interest?

British Columbia, Canada


The following excerpt is from League Assets Corp (Re), 2015 BCSC 42 (CanLII):

Accordingly, an equitable mortgage may be granted where there is informality in the granting of a security interest that prevents it from being a legal interest: Vancouver v. Smith at 182-183.

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