Equity of redemption | Practical Law
Equity of redemption
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Equity of redemption
Practical Law UK Glossary 5-107-6223
(Approx. 3 pages)
Glossary
Equity of redemption.
The right in equity which a
mortgagor
or
chargor
has on full repayment of the secured debt, to recover the assets which are subject to the
mortgage
or
charge
.
