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Lex GR The Law firm
Roshan Kumar Singh
9 Years Exp
Mortgage Deed (Show More)
East Delhi , Anand Vihar
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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 : Roshan Kumar Singh
Law Firm Name : Lex GR The Law firm
Country : India
City : East Delhi
State : DELHI
Practicing Since: 2016
About Your Firm : Deals In Legal Matters related to company Individual and other organisations and help them on a number of works like civil suits, criminal cases, cases under 138 Negotiable instrument act, property matters (Sale-purchase, liasoning, lease, real estate, government contractors etc.), consumer cases, taxation, gst, rera etc.
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