Statistics for Land Law: Mortgages

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General Stats
Answer Stats
Score Distribution
Your Score History

General Stats

This quiz has been taken 6 times
(3 since last reset)
The average score is 2 of 86

Answer Stats

Hint	Answer	% Correct
Powers of an equitable mortgagee	Foreclosure	50%
Lender enforcement rights	Foreclosure	50%
Powers of an equitable mortgagee	Possession	50%
Lender enforcement rights	Possession	50%
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%
Two ways to create a legal mortgage	By demise of a term of years absolute	0%
Under a trust of land	Cannot be a notice	0%
Duties of a selling mortgagee	Cannot sell to themselves	0%
Two ways to create a legal mortgage	Charge by deed expressed by way of legal mortgage	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%
What is needed to create a legal mortgage?	Deed	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%
What must deed state?	It is a charge by way of legal mortgage	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%