LAW 1071 · Land Law · Mortgages

Led by F.W. Maitland Simulacrum

The creation and enforcement of mortgages over land — the mortgagor's equity of redemption, the lender's remedies, and the protection of mortgagors in residential transactions.

1. Module 1

   Creation of Mortgages and the Equity of Redemption

   Led by F.W. Maitland Simulacrum

   The question

   How are mortgages created, and what is the mortgagor's equity of redemption?

   Outcome

   You can explain how legal charges and equitable mortgages are created, and describe the equity of redemption — including the right to redeem, the prohibition on clogs, and the rules on postponement of redemption.

   Sub-units

   1. ○ 1.1 Legal Charges and Equitable Mortgages: Methods of Creation Open this unit → ✓ ↻
   2. ○ 1.2 The Equity of Redemption: The Right to Redeem, Clogs and Postponements Open this unit → ✓ ↻
   Begin the course → Print certificate of completion
2. Module 2

   Mortgagee's Remedies and Mortgagor Protection

   Led by F.W. Maitland Simulacrum

   The question

   What remedies does a mortgagee have on default, and how is the residential mortgagor protected?

   Outcome

   You can describe the four main remedies available to a mortgagee on default, explain the circumstances in which a court will adjourn possession proceedings under the Administration of Justice Acts, and identify the main consumer protection provisions applicable to residential mortgages.

   Sub-units

   1. ○ 2.1 Mortgagee's Remedies: Possession, Sale, Appointment of Receiver and Foreclosure Open this unit → ✓ ↻
   2. ○ 2.2 Protection of Mortgagors: Administration of Justice Acts and Unfair Terms Open this unit → ✓ ↻
   Open this module → Print certificate of completion