This information aims to help you complete an electronic National Mortgage.

NOTE: A mortgage cannot be recorded on the common property folio of a strata scheme (section 32(4) Strata Schemes Development Act 2015). A mortgage cannot be recorded on the association property folio (ie Lot 1) for a community, precinct or neighbourhood scheme (sections 21 and 23 Community Land Development Act 2021).

Party type: 

Select one of the following to specify the party type of the mortgagor.

• Organisation or
• Individual

Current name of the mortgagor

Estate or Interest being mortgaged

Select the Estate type (Currently only Fee Simple or Perpetual Lease or Minerals or Leasehold Estate are available)

Land Titles Reference

Enter the title reference(s) affected by the mortgage.

Has the name of this party changed?

When selected a separate field will be provided to enter the details of the change of name.

Mortgagor details

• Proprietor on title – select this option if the mortgage affects the current registered proprietor(s).
• Incoming proprietor – select this option if the mortgage affects the incoming proprietor.

Where a change of name justification is required for the mortgagor.

Justification details

Select the appropriate reason from the list. The list, together with the evidence required to support each reason, can be found at:

https://rg-guidelines.nswlrs.com.au/e-dealings/elodgment/elodgment_requirements/justification_for_a_name_discrepancy .

Where a correction of a name is required:

• for an individual, the justification reason ‘change of name’ should be selected
• for a company, the justification reason ‘incorporated name change’ should be selected
• the evidence date is the lodgment date or other if applicable and
• the evidence document ID is N/A.

(Please note that a Notice of Sale will be populated when this section is completed)

Mortgagee details

Tenancy type

If there is only one mortgagee, select sole proprietor.

If there is more than one mortgagee, select one of the following:

• Joint tenants
• Tenants in common

For more information about tenancy types, see What are the types of tenancies in which a property may be held? page

Party

The mortgagee name is specified in this field (and in the case of a corporation must include its ACN).

Tenancy/shares of each mortgagee must be stated where there is more than one mortgagee. Reference to the tenancy/shares will not be entered on the Torrens Title Register.

Terms and Conditions

This section is used to specify a set of terms, conditions and/or other legal details that may apply to a Mortgage.

LR memorandum ID

Specific mortgage provisions are specified in this field.

The document ID number of at least one memorandum that has been lodged and registered with the NSW Land Registry must be specified.

Note: Please insert the memorandum ID without the check digit at the end, e.g. Memorandum ID is AA123456R enter as AA123456 .

A standard Memorandum prepared by the NSW Land Registry may be used. The document ID number is Q860000.

Additional Terms and Conditions

Any further terms and conditions may be stated.

Attach file for Terms and Conditions

Select if additional terms and conditions are over the 4000 character limit.

(For additional terms and conditions over the 4000 character limit upload an unlocked PDF which will be connected to the mortgage on registration.)

Append text to additional covenants

Select “Yes” to input additional terms and conditions of the mortgage. There is a 4000 character limit for each additional term and condition. 

Attachments for consent where required.

See attached Minister’s Consent
See attached Caveator’s Consent 
 

 For further information see:

https://www.arnecc.gov.au/publications/national-mortgage

 

Publication Date: August 2024