VERMA & ASSOCIATES
GAJANAND VERMA
41 Years Exp
Mortgage Deed (Show More)
Jaipur , Shyam Nagar (Jaipur)
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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.
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Name : GAJANAND VERMA
Law Firm Name : VERMA & ASSOCIATES
Country : India
City : Jaipur
State : RAJASTHAN
Practicing Since: 1984
About Your Firm : Verma & Associates is a Proprietary Firm practicing in Taxation (Income Tax & GST), Corporate (Incorporation of Company, LLP and compliance's thereof ), Project Report & Financing from Banks, Formation of Trust, Preparation of Sale, Lease, Franchisee Agreement, Affidavit, Will, Partnership deed and all kind of deed
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Gajanand Verma | R/101/91 | 14649/R/101/91 |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Packages ( Commercial complex )
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Power of Attorneys ( Drafting General Power of Attorney )
Legal & Drafting
Lease/Rental Agreements ( House Rental agreement )
Agreements/Deeds ( Sale deed )
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Legal Opinion (Written) ( Commercial Property )
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Affidavits ( General Affidavits )
Agreements/Deeds ( Mortgage Deed )
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Property & Documents Inspection ( Documents Inspection in Govt Office )
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Property & Documents Inspection ( Documents Inspection in Builder Office )
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Subject : Difference between a "mortgage" and a "lease"?
Question : What is the difference between a "mortgage" and a "lease" Please explain
Answer by VERMA & ASSOCIATES : Mortgage: Property pledged against financial commitment (Loan) with any financial institution
Lease: Property occupy for a certain period for use on monthly consideration
Subject : Drafting a Will
Question : Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?
Answer by VERMA & ASSOCIATES : Yes, you can make will of under construction property in favour of your son, even though will can be made of any property to be acquired in future
