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No s57(2)(b) notice required for non-monetary defaults

18 November 2007

A recent decision of the NSW Supreme Court is a reminder of the obscure rule that no notice pursuant to s57(2)(b) is required when the default relied upon is non-monetary.

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High Court’s decision highlights danger in transferring mortgages

15 November 2007

The High Court, has recently held that a registered transfer of a mortgage under Torrens System legislation does not operate to transfer anything more than the rights expressly set out in the mortgage. Where the mortgage relies on an extraneous...

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Forgery and the danger posed by “all monies” mortgages

25 September 2007

A recent NSW Court of Appeal decision clarifies the law in relation to forged mortgages. Over the last few years there has been a string of cases which have refused to enforce mortgages using “all monies” drafting in cases involving fraud. The...

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Another case on mortgage fraud, but are you listening?

24 April 2007

A two lenders loaned on the same property, to the same fraudster but experienced different results when they attempted to enforce their mortgages. One was able to enforce his mortgage and the other had its mortgage declared a nullity. The only...

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When is a farm not a farm? Guidance from the Court of Appeal

27 February 2007

A radical experiment by the NSW legislature in the form of the Farm Debts Mediation Act to force creditors and farmers to mediate is now 12 years old. The New South Wales Court of Appeal, has recently given a new twist to what constitutes a farm debt...

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What can solicitors do to reduce mortgage fraud?

27 September 2004

Although identity theft by professional fraudsters gets a great deal of attention in the media, the bulk of mortgage frauds involve a friend or relative with convenient access to the certificate of title and/or the property.  There are many actions...

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