$129.00
It is standard practice by banks and other lending institutions to require a mortgage deed between the borrower and lender, when entering into a property loan agreement.
For those transactions between non-bank parties such as a SMSF lending to a third party, it is vital that standard lending practice be applied, and a mortgage deed be put in place and more importantly registered.
Where a party is borrowing money to acquire property, the lender generally requires a mortgage deed to secure its rights in the event of default by the borrower on its loan commitments.
► $129.00 (inc GST) – OR provided under your unlimited membership
► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.
