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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