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Answer all three questions, refer to any relevant statutory provisions (either Victorian or Commonwealth) and/or case law to support and illustrate your points. Question 1 (10 marks) Explain what is meant by past acts, intermediate period acts and future acts, and how these are treated differently under the NTA regime. Question 2 (15 marks) “Once a title holder is registered under the Torrens system they will acquire what has been described as an ‘indefeasible’ title. Indefeasibility...refers to the fact that the…holder acquires a conclusive and secure title subject only to other interests registered on that title, statutory fraud and other…exceptions” (Hepburn, 11.6). Discuss this statement. In your answer, you should: Describe the process of registration of title and its legal outcomes. State the consequences of registration. Identify and discuss the exceptions to indefeasibility of title and the limits to those exceptions. Question 3 (5 marks) Mr Black owns a fee simple and enters into a contract of sale with Mr Brown who pays a deposit and agrees to a settlement in three months’ time. Prior to settlement, Mr Brown asks to view the title documents, and Mr Black agrees to allow a ‘temporary’ viewing to Mr Brown. As soon as Mr Brown receives the title, he takes it to the bank and deposits the title in return for a mortgage advance. Mr Brown then disappears with the mortgage money and does not settle. In the meantime, Mr Black enters into a contract to sell the property to Mr Green. In a dispute between the bank and Mr Green, explain who is likely to have priority.

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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Q

Property Council of New South Wales

You have been asked to address the Property Council of New South Wales on the Building and Construction Industry Security of Payments act 1999 (as amended) In particular you have been asked to address the following aspects of the act; 1 how does the Act work? 2. Why was it introduced? 3. How does th ...

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Q

Business and Marketing Management

Task 1For a minimum of three selected, different types of organisation; explain their responsibilities and how they try to meet them.Explain the typical, elements for the formation of a legal contract between organisations and a third party and:o Describe the importance of different terms in a contr ...

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Q

Legal Research and Writing Virtual Office

Welcome to the Legal Research and Writing Simulation. You are an assistant in-house counsel at the Clarke Corporation. For this activity, you will prepare an opinion letter concerning a potential claim against your employer, the Clarke Corporation. You will use the tools at your disposal in the Lega ...

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Q

Rules of Equity

Explain and critically discuss the role and impact of the rules of equity in Australia’s legal system by reference to primary and secondary sources of law. ...

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