the legal estate before he takes free from prior mere equity affecting the property provided he is a bonafide purchaser for value without notice just in the same way as a purchaser for value of the legal estate without notice takes free from prior equitable interest. See Phillips v. Phillips (op. cit). Examples of equitable interests are: estate contracts, a vendor's lien for unpaid purchase-money; equitable mortgages; restrictive covenants; interests of beneficiaries under trusts. Mere equities that will succumb to subsequent equitable interests include the right of a mortgagor to reopen a foreclosure order, the right to set-aside a conveyance for fraud, the right to set aside a deed for fraud or undue influence and the right to have documents rectified or set aside for mistake. See the following cases: Wright v. Dean (1948) Ch. 686; Mackreth v. Symmons (1808) 15 Yes. 329; Rice v. Rice (1853) 2 Drew 73; 61 E.R. 646; Re Nisbet and Potts' Contract (1905) 1 Ch. 391; Cave v. Cave (1880) 15 Ch.D. 639; Latec Investments Ltd. v. Hotel Terrigal Property Limited (1965) 113 C.L.R. 265; Bainbrigge v. Browne (1881) 18 Ch.D. 118; Garrard v. Frankel (1862) 30 Beav. 445;and Smith v. Jones (l954) 1 W.L.R: 1089.