Describe, in relation to non-customary land in fiji

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Question 1: Describe, in relation to non-customary land in Fiji? (mention the correct legislation and the sections of the legislation and laws in Fiji to answer this question.

(a) How can such land be used as a security for a loan?

(b) To what extent does such a security differ from a common law mortgage?

(c) What actions can a lender take to recover the amount of a loan if it is not repaid?

Question 2: Describe the various methods by which non-customary land may be provided as a security for a loan in countries of the USP region. (countries in USP region Cook Islands, Fiji, Kiribati, Marshall Islands, Nauru, Niue, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu and Vanuatu.)

 

Reference no: EM133601181

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