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MEMORANDUM To: (Student) From: (Your Supervisor) Re: Candlelight Treehouses Pty Ltd loan from Fenway Finance Pty Ltd Date: (Today) Consider the memo and the loan

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MEMORANDUM To: (Student) From: (Your Supervisor) Re: Candlelight Treehouses Pty Ltd loan from Fenway Finance Pty Ltd Date: (Today) Consider the memo and the loan agreement from Activity 1.1. Candlelight Treehouses Pty Lid seeks our advice on the following questions: . How do the terms of the loan documented in the loan agreement vary from what Candlelight Treehouses Pty Ltd requested? The lender, Fenway Finance Pty Ltd, has indicated to the borrower that it may require a registered mortgage over the property Madison to be given as security for the loan. However, Madison is not owned by the borrower Candlelight Treehouses Pty Ltd so how may this be structured? Action required Draft an advice to the borrower client Candlelight Treehouses Pty Ltd (no more than 500 words) addressing the client's specific questions

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