Question: What are the essential differences between a loan secured by a mortgage, and an unsecured loan? What legal or equitable principles or statutes govern priorities

  1. What are the essential differences between a loan secured by a mortgage, and an unsecured loan?
  2. What legal or equitable principles or statutes govern priorities in Torrens title land as between:
  • Registered interests?
  • Unregistered interests?
  • Legal as compared to equitable interests
  1. Give 3 examples of "fraud" within the meaning of Real Property Act 1900 (NSW) s 42 sufficient to set aside the title of a registered proprietor under that Act, and what must by shown by a person wishing to set aside such a title on the grounds of fraud?
  2. When will the failure to lodge a caveat have the effect of postponing the priority of an earlier unregistered mortgage or charge as against subsequent unregistered mortgage or charge?
  3. Does a proprietor deprived of their title by the allegedly wrongful act of another have a right to caveat that title as a first step in having that title restored, and what must that proprietor have regard to in deciding if it can validly caveat?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

Appellate Court of Connecticut. CHASE HOME FINANCE, LLC V . Germanic FEQUIERE. No. 31301. Argued Dec. 3, 2009. Decided March 2, 2010. Background: Trustee of structured asset investment loan trust...

Q:

Title: Individual Assignment (50%) Purpose: 1. To demonstrate your knowledge of the relevant law as it applies to the regulatory framework, different types of companies, and the company's relations...

Q:

PLEASE ANSWER WTHIN 30MIN in respect of the scenario, answer the followingusing the ILAC process (please cite the full legislation and cases) note: it only applies to one of these principles 1.Common...

Q:

Department of Accounting, Finance and Economics Company Law 2106AFE INDIVIDUAL ASSIGNMENT TOPIC Trimester 2, 2024 Title: Individual Assignment (50%) Purpose: 1. To demonstrate your knowledge of the...

Q:

It is becoming widely expected that interest rates will rise in the coming year. In recent weeks the 10 year US bond has risen from about 1.50% to 1.80%. Using the appendix for chapter 2 on Webster...

Q:

need answer for these questions 13, 17, 19, 20, and 23? PART 5 Business Valuations Chapter Business Valuations A valuation analyst should be able to explain and defend his or her valuation, including...

Q:

need answers for questions 13, 17, 19, 20, and 23? PART 5 Business Valuations Chapter Business Valuations A valuation analyst should be able to explain and defend his or her valuation, including both...

Q:

LAW 2422 Could I get the answer for those questions? This is talking the about the LAW 2422 at RMIT LAW OF INVESTMENTS AND FINANCIAL MARKETS Tutorial Questions Tutorial 1 Revision / Introduction to...

Q:

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

Q:

You will write a 2 - 3 page paper, single spaced, one inch margins, 12 pt font, with double space between paragraphs. Your paper should comment on the financial statements for your company as they...

Q:

On the night of April 18, 1775, a signal was sent from the steeple of Old North Church in Boston to Paul Revere, who was 1.80 mi away: One if by land, two if by sea. At what minimum separation did...

Q:

How are discontinued operations reported in the income statement?

Q:

Which of the following is deducted from gross taxable earnings before income taxes are applied to an employee's remuneration? medical premiums GST / HST deductions authorized by the Canada Revenue...

Q:

Please identify the following for a trash valet company. Please make it minimum of words and seperate the sections. this could help me a lot. Thank you Using the concept incubated in Lessons 1 & 2:...

Q:

1. Set a personal goal for yourself in your work situation. Examine this goal in the light of the 10 factors to achieve goals.

Q:

4. Set up at least one work role that is important for you to master. Reflect on how you can use your time more efficiently, not necessarily spend more time, to perform better in this work role.

Q:

3. List four goals that are important to you. Then set up the roles that correspond to these goals. How will you shape your personal vision as a result of your goals and roles?