Versatile Legal
Veena Ranganath
27 Years Exp
Mortgage Deed (Show More)
Bangalore , Rajajinagar IVth Block
View Answers by this Partner (0)
Profile Views : 20718
Information
Overview
A mortgage deed is a document that gives a lender (also known as a mortgagee) the legal right and interest in a property. A mortgage allows a borrower (also known as a mortgagor) to pledge his home or any such property as security for a loan; the mortgage deed represents the lender's ownership in the property.
A simple mortgage gives two-fold rights to a mortgagee: i) a covenant on the part of the mortgagor to pay the debt; and ii) the right granted to the mortgagee to realise his dues from and out of the property mortgaged to him. These rights also gives the mortgagee the power to proceed in the Court should the mortgagor be in breach of any of the two rights granted to the mortgagee. In a simple mortgage, the security is two-fold: one is the property and the other is the personal obligation.
Photos
Name : Veena Ranganath
Law Firm Name : Versatile Legal
Country : India
City : Bangalore
State : KARNATAKA
Practicing Since: 1998
About Your Firm : We are a team of three advocates with varied backgrounds of litigation, real estate and corporate areas of practice.
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Veena R | ||
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
NRI Services
No Answers Found
