Interactive revision · Chapter 2
Chapter 2: Mortgages - Part 1 Click a square and type one letter. Select Check answers . Correct letters turn green with ✓; incorrect letters turn red with ✕. Change any red letter and check again. The answer key is on a separate page.
Across 1. The result/document used to remove a mortgage from title after repayment. (9) 4. An invalid restraint on the equity of redemption is traditionally called a ______. (4) 7. The Torrens principle protecting registered interests, subject to recognised exceptions. (15) 8. The National ______ Code may regulate qualifying consumer lending. (6) 10. The lender who holds the mortgage security. (9) 12. The borrower who grants security over land. (9) 13. NCC application requires analysis of the credit's predominant ______. (7) 14. A mortgage secures an ______ in land rather than transferring the fee simple to the mortgagee. (8) Down 2. The central function of a mortgage is to provide this for repayment. (8) 3. A mortgage may exist in ______ where legal registration is incomplete but the security intention is binding. (6) 5. PLA s 8 generally requires creation of an interest in land to be in this form and signed. (7) 6. The step that creates a legal Torrens mortgage. (12) 9. The mortgagor's right to free the property by satisfying the secured obligation. (10) 11. Under Torrens title, a registered mortgage operates as this rather than transferring title. (6) PROPERTY LAW B IN QUEENSLAND · CHAPTER 2 INTERACTIVE CROSSWORD