What are the implications of a solicitor paying out a lender’s funds without registering a mortgage?

Ontario, Canada


The following excerpt is from TD Bank v Yousefie, 2016 ONSC 5991 (CanLII):

The Firm says that this case stands on all fours with the TD v. Ndem case, which involved a solicitor paying out a lender’s funds without registering a mortgage. I disagree.

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