
Banking Securities - land
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Business
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University
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Medium
SUMIN OOI
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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
True
False
5
Multiple Choice
The land in Malaysia is governed by __________ legislation and operated under ___________ system.
5, Torrens
4, Torrens
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.
Indefeasible
Proven
Registered
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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?
Yes
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?
Yes
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?
Yes
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?
Yes
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?
Yes
No
24
Multiple Choice
Under which situation may a registered interest be defeated?
Void Instrument
Forgery
Fraud
Misrepresentation
All of the above
25
Multiple Choice
I am a Chinese, which of the following land I am eligible to purchase?
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?
27
Multiple Choice
Which of the following is considered a leasehold land?
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Multiple Choice
Which of the following title can be granted a loan?
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Banking Securities - Land (part 1)
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