
DUGGIRALAW CHAMBERS
DUGGIRALAW CHAMBERS
23 Years Exp
Mortgage Deed (Show More)
Hyderabad , L B Nagar
View Answers by this Partner (0)
Profile Views : 32293
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 : DUGGIRALAW CHAMBERS
Law Firm Name : DUGGIRALAW CHAMBERS
Country : India
City : Hyderabad
State : TELANGANA
Practicing Since: 2002
About Your Firm : Our Firm is a LLP and having legal professionals having more than 12 years experience
Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
---|---|---|
Sreekanth Duggurala | AP/2965/2002 | High Court of Judicature at Hyderabad |
Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
NRI Services
No Answers Found