Acting in mortgage transactions: Step-by-step guide
Content Overview
Mortgage transactions can be complex processes. Because of this, you need to be prepared to resolve issues as they arise.
This course covers your responsibilities and obligations when you act for mortgagees or mortgagors in transactions involving a mortgage of an estate or interest in land. So you can support your clients smoothly throughout the entire procedure.
You’ll learn how to recognise, advise and act on common mortgage transaction issues.
You’ll examine issues involving:
- The fundamental principles of land mortgages
- Your duties as a solicitor in NSW mortgage transactions over land
- Discharges, variations and priorities of mortgages
- Mortgagee’s powers on default
- Mortgagor’s defences
- The professional regulation of mortgage practices
Note: Since 1 July 2019, all mortgages, discharges of mortgages, refinances or any combination of these must be lodged electronically.
Course Structure
- Getting started – knowing the basics
- Acting for the borrower
- Acting for the lender
- Preparing for settlement
- Post-settlement and discharge of mortgage
UPGRADE THIS TO A BUNDLE AND SAVE 40%
FAQs
The course contains content that falls within the mandatory CPD category of:
- Professional skills
With our online on-demand interactive courses, you can learn when and where it suits you. We’ve designed each course to provide both education and enjoyment.
Each course offers a mix of engaging exercises, where you’ll gain access to:
- Interactive activities to challenge your understanding and put your knowledge to the test. You’ll also enjoy engaging exercises, such as flip cards, quizzes and drafting activities.
- Clearly identified outcomes so you know precisely what you’ll learn – and the skills you’ll gain. You’ll also be able to track your development and focus on key improvement areas.
- Extended course access so you can reference the material as you need – or revisit it should life get in the way.
- Feedback and template answers so you can refine your skills, grow your knowledge and gain fresh insights.
Access each module on the College’s learning portal. When you buy a single, you’ll have 24/7 unlimited access for 12-months from the date of purchase.
Does this educational activity extend your knowledge and skills in areas that are relevant to your practice needs or professional development?
If so, and you’re not a WA practitioner, you should claim 1 unit for each hour of participation, not including breaks.
Please check your local CPD rules for any caps on activity types, such as the private study of non-interactive audio/visual materials. You are responsible for keeping your own CPD records and complying with your local CPD rules.
No. Western Australian practitioners who complete our on-demand courses are currently unable to claim CPD points.
However, you may earn CPD points by attending select live CPD events or by completing select CPD Interactive modules.