This book examines the principles and practice of real estate mortgages in an easily accessible text referenced to all the Australian States. It specifically deals with the major theoretical and practical aspects of the land mortgage including vitiating factors in formation, mortgagees powers and duties and mortgagors rights both statutory and other, assignment, insurance and discharge. As a successor to Mortgages Law in Australia, this book adopts an exclusive focus on real estate mortgages in Australia and provides a thorough account of the law through analysis of the plethora of court decisions and statutory provisions in this area. Duncan and Dixon analyse the substance of the mortgage transaction from creation through to rights of enforcement. This analysis includes detailed consideration of the rights and obligations of both mortgagors and mortgagees covering topics such as priorities and tacking, insurance, variation and assignment, rights of discharge, entry into possession, foreclosure and power of sale. In addition, the book contains a separate chapter on factors that may affect the validity and enforcement of a mortgage together with separate consideration of a mortgagees right to enforce a guarantee provided on behalf of a mortgagor and the rights and liabilities associated with a receivership regime initiated by a mortgagee. Written for the national market, the book is one of the few substantial works on this subject for practitioners throughout Australia. It is a very accessible text which enables readers to decide whether or not they have a problem and provides primary guidance to its solution. The book has been deliberately, heavily referenced to incorporate statutory references from across Australia and contains extensive case analysis in order to satisfy both these objectives.
Duncan / Dixon
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Weitere Infos & Material
Contents Part I - Introduction The Torrens System Mortgage Part II - Formation of a Torrens Mortgage Execution of a Mortgage Factors Vitiating Validity or Enforcement of Mortgage Part III - Rights and Obligations of Mortgagor and Mortgagee Rights of Mortgagor Priorities and Tacking Insurance Variation and Assignment of Mortgages Discharge of Mortgage Part IV - Mortgagee’s Remedies on Mortgagor’s Default Entry into Possession and Foreclosure Exercise of Power of Sale Receivership Part V - Concurrent Remedy on Mortgagor’s Default Guarantees Table of Cases/ Table of Statutes/ Index