Memorandum Of Mortgage

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LANDS TITLES OFFICE
PANEL FORM GUIDANCE NOTES:
FORM M1
MEMORANDUM OF MORTGAGE
These Guidance Notes are of a general nature and are not intended to, and cannot,
replace the advice of a Legal Practitioner or Registered Conveyancer.
Form M1 is to be used for a mortgage of:
Freehold or Crown Leasehold estates.
An Encumbrance or a Forest Property Agreement.
A Lease.
An Underlease.
For a mortgage of:
Freehold or Crown Leasehold estates, use a prefix of M.
An Encumbrance or a Forest Property Agreement, use a prefix of M2.
A Lease, use a prefix of ML.
An Underlease, use a prefix of MU.
All panels must be completed or struck through.
If more than one page is used, each must be numbered consecutively, eg. 1-10, 2-10; 1/10, 2/10 or 1 of 10,
2 of 10.
All handwriting must be in permanent, dense, rapid drying black or blue ink.
LAND DESCRIPTION
Indicate whether mortgage affects the whole or portion of the land comprised in a CERTIFICATE OF TITLE
(CT) and/or CROWN LEASE (CL). If portion only then identify the relevant portion by reference to the
appropriate plan.
WHOLE
- eg."Whole of the land in CT Volume ______ Folio _____ "
or "Whole of the land in CL Volume ______ Folio ______ ".
PORTION
- eg. "Allotment 4 in DP4236 being portion of the land in CT Volume _____ Folio _____ ".
ESTATE AND INTEREST
Insert "FEE SIMPLE", "CROWN LESSEE", "LESSEE under Lease No.......................", "MORTGAGEE under
Mortgage No............................" .
ENCUMBRANCES
All current registered or noted interests (other than easements) over the estate or interest being mortgaged
must be noted, eg. M8234567, L8237891 etc.
MORTGAGOR
Full name and current address to be stated. If the mortgagor is a natural person and his or her name has
altered you must lodge an Application to Note Change of Name prior to the Memorandum of Mortgage.
MORTGAGEE
Full name and address to be stated. Mode of holding must be shown; amounts advanced by each
mortgagee may also need to be shown, if applicable.
CONSIDERATION AND TERMS OF PAYMENT
If insufficient space, Terms and Conditions may either be deposited separately or attached using approved
annexure or insert sheets. When expressing an amount, use words and figures.
R-G 010609

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