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Banking Securities - land

Banking Securities - land

Assessment

Presentation

Business

University

Medium

Created by

SUMIN OOI

Used 9+ times

FREE Resource

26 Slides • 13 Questions

1

Banking Securities - Land (part 1)

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4

Multiple Choice

National Land Code 1965 applies to whole Malaysia

1

True

2

False

5

Multiple Choice

The land in Malaysia is governed by __________ legislation and operated under ___________ system.

1

5, Torrens

2

4, Torrens

3

4, English Common Law

6

Multiple Choice

The basic principle underlying the Torrens System is that all dealings in land must be __________ in order to be effective.

1

Indefeasible

2

Proven

3

Registered

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19

Multiple Choice

A bought a house from B. Upon settling the proceeds of the purchase, B surrender the title deed of the house to A. Is A currently considered as the registered owner of the house?

1

Yes

2

No

20

Multiple Choice

A bought a house from B. Upon settling the proceeds of the purchase, B surrender the title deed of the house to A. Then, A presented the title deed at the land authority to change the owner's name from B to A. Is A currently considered as the registered owner of the house?

1

Yes

2

No

21

Multiple Choice

If A is currently the registered owner of the house and A did not offer the house as security for any borrowing, can we consider A as having an indefeasible interest or claim over the house?

1

Yes

2

No

22

Multiple Choice

If A is currently the registered owner of the house while XYZ bank is currently the registered chargee of the house. Can we consider A as having indefeasible claim or interest over the house?

1

Yes

2

No

23

Multiple Choice

If A is currently the registered owner of the house and XYZ bank has dicharged the charge against the house, can we consider A as having absolute indefeasible interest or claim over the house?

1

Yes

2

No

24

Multiple Choice

Under which situation may a registered interest be defeated?

1

Void Instrument

2

Forgery

3

Fraud

4

Misrepresentation

5

All of the above

25

Multiple Choice

I am a Chinese, which of the following land I am eligible to purchase?

1
2

26

Multiple Choice

I am a Chinese but I have converted to Muslim and my name is Nizul bin Abdullah, which of the following land I am eligible to purchase?

1
2

27

Multiple Choice

Which of the following is considered a leasehold land?

1
2

28

Multiple Choice

Which of the following title can be granted a loan?

1
2

29

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39

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Banking Securities - Land (part 1)

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