PROPERTY LAW B IN QUEENSLAND

CROSSWORD ANSWERS - CHAPTER 2: MORTGAGES: PART 1

Separate answer page. Return to the crossword to continue practising.

#	Direction	Answer	Clue
1	Across	CLOG	An invalid restraint on the equity of redemption.
4	Across	CREDIT	The National ______ Code.
6	Across	MORTGAGOR	The borrower who gives land as security.
7	Across	DISCHARGE	The registered step used to remove a mortgage after payment.
8	Across	MORTGAGEE	The lender who holds the mortgage security.
11	Across	INDEFEASIBILITY	The Torrens principle protecting the registered proprietor.
12	Across	PURPOSE	For the National Credit Code, the predominant ______ of the loan matters.
13	Across	INTEREST	A mortgage secures an ______ in land.
1	Down	CHARGE	Under Torrens title, a registered mortgage operates as a ______ over land.
2	Down	REGISTRATION	The key step that makes a Torrens mortgage legal.
3	Down	WRITING	The formal requirement that the mortgage be in this form and signed.
5	Down	REDEMPTION	The mortgagor's right to recover the property on repayment.
9	Down	EQUITY	An unregistered mortgage may still exist in ______.
10	Down	SECURITY	The central function of a mortgage is to provide ______ for repayment.