Ravi.P.D

 Ravi.P.D

 49 Years Exp

 Property Buying/Selling (Show More)

 Kozhikode , Eranhipalam

 View Answers by this Partner (1)

 Profile Views : 856

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Name : Ravi.P.D

Law Firm Name : Ravi.P.D

Country : India

City : Kozhikode

State : KERALA

Practicing Since: 1976

About Your Firm : Deals with all land connected civil matters,family,criminal matters.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Ravi.P.D K/237/76 Kerala bar council
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 Property Managers

  NRI Property Management ( Property Buying/Selling )

Subject :  Difference between a "mortgage" and a "lease"?
Question :  What is the difference between a "mortgage" and a "lease" Please explain

Answer by Ravi.P.D :  Mortgage is tranfering or giving posesson of one's property to get money. Usually bank advances money on mortgage of properties. There are three types of mortgages.Simple,equitable, and usefructuos mortgage. Lease is a person taking possession of a property on payment of monthly or yearly cash for a particular period.