Memorials of debts
16.1(1)The Provincial Director may issue a memorial of a debt arising under section 11 or 16 containing the amount of the debt and verified by affidavit.
16.1(2)Upon the production to a registrar of deeds of a memorial referred to in subsection (1) together with an affidavit, he shall register the same, noting the date of its receipt as in the case of registry of conveyances.
16.1(3)A copy of a registered memorial certified by the registrar shall be admissible as evidence of such registration in all proceedings.
16.1(4)A memorial of a debt referred to in subsection (1) registered in the registry office of the county in which the lands are situated binds the lands of the person who owes an amount to the Law Society in accordance with section 11 or 16.
16.1(5)Every memorial so registered binds the lands of the person who owes an amount to the Law Society in accordance with section 11 or 16 for five years from the date of registration and after that period, if the debt remains unsatisfied, the memorial may be renewed for a further period of five years with like effect and so on as required by registering it again in accordance with this Part.
1983, c.46, s.8; 1987, c.6, s.51; 1993, c.21, s.14