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Land Law: Mortgages - Statistics
General Stats
-
This quiz has been taken 10 times
7 since last reset
- The average score is 2 of 86
Answer Stats
| Hint | Answer | % Correct |
|---|---|---|
| Two ways to create a legal mortgage | Charge by deed expressed by way of legal mortgage | 60%
|
| What must deed state? | It is a charge by way of legal mortgage | 40%
|
| Two ways to create a legal mortgage | By demise of a term of years absolute | 20%
|
| What is needed to create a legal mortgage? | Deed | 20%
|
| Lender enforcement rights | Foreclosure | 20%
|
| Powers of an equitable mortgagee | Foreclosure | 20%
|
| Lender enforcement rights | Possession | 20%
|
| Powers of an equitable mortgagee | Possession | 20%
|
| How long does this tend to be in a domestic mortgage | 6 months | 0%
|
| This section regards a... | Action for possession | 0%
|
| Requirements of the prior | All terms incorporated | 0%
|
| Lender enforcement rights | Appoint a receiver | 0%
|
| Powers of an equitable mortgagee | Appoint a receiver | 0%
|
| Power of sale first... | Arises | 0%
|
| Under a trust of land | Cannot be a notice | 0%
|
| Duties of a selling mortgagee | Cannot sell to themselves | 0%
|
| Unregistered land | Class C (iii) land charge | 0%
|
| Registered as...? | Class C (i) land charge | 0%
|
| What else is needed to convey the mortgage | Contract | 0%
|
| Mortgage treated as a...? | Conveyance | 0%
|
| How is foreclosure obtained | Court order | 0%
|
| When should a mortgagee NOT exercise power of sale UNTIL... | Default for 3 months after notice | 0%
|
| against a... | Dwelling house. | 0%
|
| Power of sale then... | Exercisable | 0%
|
| What happens to the equity of redemption | Extinguished | 0%
|
| When should a mortgagee NOT exercise power of sale UNTIL... | Interest unpaid for 2 months | 0%
|
| Requirements of the prior | In writing | 0%
|
| Ways an equitable charge is produced | Lack of deed | 0%
|
| Ways an equitable charge is produced | Lack of registration | 0%
|
| When does power of sale arise? | Legal date of redemption | 0%
|
| ONLY way to create a mortgage over unregistered land? | Long leasehold (3000 years) | 0%
|
| What is its effect | Makes mortgagee outright owner | 0%
|
| Subsection 2- the court | May adjourn proceedings | 0%
|
| Ways an equitable charge is produced | Mortgage by one of two or more co-owners | 0%
|
| What rules must a mortgagee consult for sale | Mortgage Conduct of Business Rules (MCOB) | 0%
|
| Proceeds of sale order | Mortgagee | 0%
|
| Way this section protects... | Mortgagee has power to convey land | 0%
|
| Ways an equitable charge is produced | Mortgage of an equitable interest | 0%
|
| Proceeds of sale order | Mortgagor | 0%
|
| Methods of taking possession | Mortgagor voluntarily gives up possession | 0%
|
| Title of purchaser not impeachable on grounds that... | No case for authorisation of sale | 0%
|
| Title of purchaser not impeachable on grounds that... | No due notice given | 0%
|
| Title of purchaser not impeachable on grounds that... | No permission of the court granted when needed | 0%
|
| Duties of a selling mortgagee | Obtain true market value | 0%
|
| When should a mortgagee NOT exercise power of sale UNTIL... | Other breach of some provision | 0%
|
| Proceeds of sale order | Other charges | 0%
|
| Proceeds of sale order | Other mortgagees | 0%
|
| subsection (2) will apply if the mortgagor can... | Pay any sums due | 0%
|
| Methods of taking possession | Peaceably, by changing locks | 0%
|
| or | Postpone date of delivery | 0%
|
| Title of purchaser not impeachable on grounds that... | Power exercised improperly | 0%
|
| Powers of an equitable mortgagee | Power of sale | 0%
|
| What does a mortgage have the same as with an estate in land? | Powers | 0%
|
| What does a mortgage have the same as with an estate in land? | Protections | 0%
|
| within a... | Reasonable period | 0%
|
| What must then happen to the mortgage | Registered | 0%
|
| Registered Land | Registered as a notice | 0%
|
| Way this section protects... | Registered charge has powers of disposition at law | 0%
|
| What does a mortgage have the same as with an estate in land? | Remedies | 0%
|
| Lender enforcement rights | Right to pay | 0%
|
| Powers of an equitable mortgagee | Right to payment | 0%
|
| Statute | S.101 LPA 1925 | 0%
|
| Statute | S.103 LPA 1925 | 0%
|
| Statute for protection of purchasers | S.104 LPA 1925 | 0%
|
| Statute | S.105 LPA 1925 | 0%
|
| Statute | S.205(1)(ii) LPA 1925 | 0%
|
| Statute | S.2(4)(i) Land Charges Act 1972 | 0%
|
| Registered land statute | S.27(2)(f) LRA 2002 | 0%
|
| Statute | S.2 LPMPA 1989 | 0%
|
| Statute | S.33(a)(i) LRA 2002 | 0%
|
| Mortgagor protection against possession statute | S.36 AJA 1970 | 0%
|
| Unregistered land statute | S.(4)(1)(g) LRA 2002 | 0%
|
| Statute | S.52(1) LPA 1925 | 0%
|
| OTHER statute for protection of purchasers | S.52 LRA 2002 | 0%
|
| Statute of the last mentioned answer | S.53(1)(c) LPA 1925 | 0%
|
| Statutes | S.85(2) LPA 1925 | 0%
|
| Statute | S.85 LPA 1925 | 0%
|
| Statutes | S.86(2) LPA 1925 | 0%
|
| Statute | S.87(1)(a) LPA 1925 | 0%
|
| Statutes | S.87 LPA 1925 | 0%
|
| Lender enforcement rights | Sale | 0%
|
| Methods of taking possession | Seek court order for possession | 0%
|
| Duties of a selling mortgagee | Sell at market price | 0%
|
| Requirements of the prior | Signed | 0%
|
| or | Stay or suspend execution | 0%
|
| What can the mortgagee do | Sue mortgagor for amount borrowed | 0%
|
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