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Acquisitions and leases Ownership and occupancy Describe the various categories of legal ownership, leasehold or other occupancy interests in real estate customarily used and recognised in your jurisdiction. In Australia, land tenure is either: freehold: mostly held under Torrens title; or leasehold: granted either by the freehold owner of the land, or the Crown in respect of Crown land (land owned by the Commonwealth, a state or a territory).
Financing Secured lending Discuss the types of real estate security instruments available to lenders in your jurisdiction. Who are the typical providers of real estate financing in your country? Are there any restrictions on who may provide financing? The customary security instruments used in real estate financing consist of a real property mortgage over the real property assets together with a general security interest granted by the borrower and the owner of the property (if different).
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