Mortgage bond
A registered security right over immovable property used to secure repayment of a loan or other obligation.
Definition
A mortgage bond is registered in the Deeds Office and usually links to a home loan or property finance agreement. Buyers should distinguish the loan agreement from bond registration, bond costs, bond cancellation, title deed endorsements, and the bank's security requirements.
Key takeaways
A registered security right over immovable property used to secure repayment of a loan or other obligation.
Conveyancing
Book Conveyancer
Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Home loan bond
Bond registration
Bond cancellation
Related resources
Resources and guides
Property Transfer Checklist
Preparation checklist for buyers and sellers moving through property transfer.
ConveyancingChecklistProperty Buyer Cost Checklist
Prepare fee and scope questions for a conveyancing matter by separating consultation fees, fixed fees, hourly work, disbursements, official fees, exclusions, approval rules, and invoice controls.
ConveyancingChecklistCredit And Finance Checklist
Credit And Finance Checklist for preparing documents, facts, dates, and questions connected to banking and finance.
Banking and FinanceFAQs
Mortgage bond FAQs
What does Mortgage bond mean?
A registered security right over immovable property used to secure repayment of a loan or other obligation.
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