The third edition of The Mortgagee's Power of Sale by Robert Hay and Justice Croft was launched last night at the Supreme Court of Victoria by The Chief Justice Marilyn Warren AC.
The book, which started life in 1980, is primarily written for practitioners.
It details the steps in the same chronological order a mortgagee may take in selling mortgaged property under the power of sale including distribution of the proceeds of sale.
There is a comprehensive discussion about caveats, the rights of the mortgagor and precedent forms.
Chief Justice Marilyn Warren AC also wrote the foreword and it's now available to purchase from Lexis Nexis.