The terms on which a mortgagor or those claiming under him are entitled to redeem are the same, whether they are ascertained in a claim for redemption or for foreclosure1. These terms are normally: payment to the mortgagee of the principal debt, interest on that debt, all proper costs, charges and expenses incurred by the mortgagee in relation to the mortgage debt or the mortgage security, the costs of litigation properly undertaken by the mortgagee in reference to the mortgage debt or the mortgage security, and the mortgagee's costs of the redemption claim2. However small may be the interest
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The Standard Conditions of Sale (SCS), currently in their 5th edition (2018 revision), are a set of standard conditions which are commonly incorporated into contracts for the sale of residential property. The Standard Commercial Property Conditions (Third Edition—2018 Revision) (SCPC) are used for
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