Fragment 1: Short Questions (30 marks) Answer all of the questions. Substantiate your solutions with case guidelines and/or the accurate statutory provisions. You are a paralegal in a guidelines firm and your firm is acting for Mr. Thomas Lee in his aquire of a condominium unit at 133 Tanjong Katong Avenue #05-01 Sunshine Meadows Singapore 575246. He has some questions about the acquisition of his condominium unit. Your boss has asked you to draft replies to the questions. 1. After the tell of the System to Occupy, you informed Mr. Thomas Lee that you had registered a caveat on his behalf. Point to to Mr. Lee the cause and advantages of registering a caveat on the property. (6 marks) 2. Completely different than a purchaser, title 2 other eventualities the put a occasion has an interest which would maybe perchance well be caveated? (4 marks) .3. Mr. Thomas Lee has utilized for a monetary institution loan to finance the acquisition of his condominium unit. He thinks that after he indicators the Mortgage in favour of the monetary institution, the monetary institution will delight in the condominium unit. Point to why Mr. Lee is incorrect in his thinking and stammer Mr. Lee of his rights and tasks as a mortgagor relating to the property. (6 marks) 4. Mr. Thomas Lee is fervent as his employer’s enterprise is no longer doing effectively. He wants to know what rights the mortgagee would delight in against him if: (a) he is gradual in paying one month-to-month instalment by 2 days; and (2 marks) (b) he is retrenched and has no longer paid his month-to-month instalments to the mortgagee for the previous 4 months. (10 marks) (c) Would the mortgagee be required to manufacture an affirm of court docket sooner than they tell their rights? (2 marks) 5. Madam Rose Ong, is the owner of an residence unit at No. 66 Rambutan Avenue #10-01 Singapore (“the property”). The property has been in her family for loads of generations and she has every map for it to preserve in her family. Madam Ong took a vacation to Beijing and she met Liu Ye, a extraordinarily friendly tour knowledge. When Liu Ye told Madam Ong that his dream is to chat about with Singapore, Madam Ong invited him to return to Singapore alongside with her. Liu Ye used to be very impressed by how substantial Madam Ong’s property and used to be unparalleled extra impressed when he discovered that the property is unencumbered. Liu Ye grew to change into very attentive to Madam Ong’s wants and started to plot her self belief. He prepared an Instrument of Transfer and informed Madam Ong that the Transfer is a doc that she has to signal as a surety for his extended preserve in Singapore. Being of miserable search, Madam Ong took his note and signed the Transfer. Liu Ye then snappy registered the Transfer and the property used to be transferred to his title. Two months later, he sold the property to Mr. Alvin Chin. One day, Madam Ong used to be looking by her safe deposit box and realized that the title deed to her property used to be lacking. She lodged a police represent and when the police puzzled Liu Ye, he confessed to his crime. Madam Ong is angry when she learnt of the sale to Alvin Chin. She wants to pronounce the property abet from Alvin, arguing that she is no longer mindful about what she used to be signing when she signed the Transfer. Expose Alvin whether or no longer he has a correct title and whether or no longer Madam Ong can pronounce the residence from him. In answering this quiz, you will need to address the following components: (a) What’s the enact of Alvin registering the Transfer in his favour?(6 marks) (b) Where does Alvin come by his title from and does it topic that Liu Ye had received the residence by defrauding Madam Ong? Why?(7 marks) (c) In conclusion, does Alvin delight in a correct title? (2 marks) (d) If Madam Ong is to sue for the return of the property, will she be triumphant? Give reasons for your acknowledge.(5 marks) Write My Assignment Rent a Official Essay & Assignment Author for finishing up your Tutorial Assessments Native Singapore Writers Crew 100% Plagiarism-Free Essay Very best Pleasure Price Free Revision On-Time Transport
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