Can a mortgagor redeem a mortgage where there are several successive mortgages?
British Columbia, Canada
The following excerpt is from Bank of Montreal v. Oldroyd et al., 2005 BCSC 1070 (CanLII):
In Teevan v. Smith (1882) 2 Chancery Division 724 (CA) Jessel, M.R. held that where there are several successive mortgages, the mortgagor can redeem the last mortgage but cannot redeem the first mortgage without also redeeming all the other mortgages.
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