Banking Act (Cap. 19): Primary legislation that regulates banking business and lending practices in Singapore. Sets out requirements for licensed banks and financial institutions.
Moneylenders Act (Cap. 188): Regulates moneylending activities in Singapore. Particularly relevant if the lender is not a bank or licensed financial institution.
Conveyancing and Law of Property Act (Cap. 61): Governs real property transactions and mortgages in Singapore. Contains specific requirements for creating valid mortgages.
Registration of Deeds Act (Cap. 269): Specifies requirements for registration of mortgage documents and establishes priority of registered interests in Singapore.
Land Titles Act (Cap. 157): Contains specific provisions for mortgages of registered land and registration requirements with Singapore Land Authority.
Contracts Act (Cap. 53): Establishes general contract law principles in Singapore, including formation and validity of contracts.
Consumer Protection (Fair Trading) Act: Relevant when the borrower is a consumer, contains provisions against unfair practices in lending.
Monetary Authority of Singapore Act: Sets out regulatory requirements for financial institutions and compliance with MAS guidelines.
Housing and Development Act: Contains special requirements for HDB properties if the mortgaged property is public housing.
MAS Guidelines on Fair Lending Practices: Regulatory guidelines issued by MAS governing fair lending practices, including TDSR framework and LTV limits.
