Section 341 — Effect of a mortgage — Land Act 1994 (Queensland) — Barrister AI

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Section 341 — Effect of a mortgage — Land Act 1994 (Queensland) — Barrister AI

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s 340Registering a mortgage s 341Effect of a mortgage s 342Releasing a mortgage s 343Amending a mortgage s 344Amending priority of mortgages s 345Mortgagee in possession may sell s 346Sale of mortgaged lease s 347Land to be sold within 2 years s 348Disposal of proceeds of sale s 349Liability of mortgagee in possession s 350Effect of transfer after sale by mortgageeSchedule 1A — Provisions that include mandatory conditions for tenuresSchedule 1 — Community purposes Schedule 3 — Requirements for approved agreements Schedule 6 — Dictionary Schedule 2 — Original decisions Schedule 1B — Regulation about the payment and collection of rent and instalments

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341

Effect of a mortgage

In force

Chapter 6—Registration and dealings

Part 4—Dealings affecting land

Division 4—Mortgages

341 Effect of a mortgage

A registered mortgage of a lease or sublease operates only as a charge on the lease or sublease for the debt or liability secured by the mortgage.

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