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MRT 1 · Legal Mortgage Structures
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Legal Mortgage Structures
The difference between a legal charge and a demise, and what a standard security is in Scotland.
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Legal Mortgage Structures
There are two main types of legal mortgage in England and Wales.
Question 3
True or false?
There are two main types of legal mortgage in England and Wales
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Key points
Question 5
Which term matches: "Most common; lender registers a charge at Land Registry; gives lender all"
Question 6
What does "Demise (long lease)" mean?
Question 7
Type the term that means: "Most common; lender registers a charge at Land Registry; gives lender all"
Question 8
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
Question 9
Fill in the blank
______ — Not a full legal mortgage; arises from a contract or deposit of title deeds; less
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What the exam tests
The difference between a legal charge and a demise, and what a standard security is in Scotland.
Question 11
True or false?
The difference between a legal charge and a demise, and what a standard security is in Scotland