rozario john

 Rozario John

 27 Years Exp

 Mortgage Deed (Show More)

 Pune , Dhanori

 View Answers by this Partner (1)

 Profile Views : 126492

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 : Rozario John

Law Firm Name : rozario john

Country : India

City : Pune

State : MAHARASHTRA

Practicing Since: 1998

About Your Firm : I am dealing exclusively with conveyancing of property and providing end to end solution to ensure safe transfer of property takes place in the best possible manner

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Rozario John MAH/927/1998 The Bar Council of Maharashtra and Goa
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

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Subject :  Property Fraud
Question :  I purchased 3 non-NA plots from a seller on the condition that he will NA those plots in next 3 months. After 3 months, he started making reasons that the land has some problems. He asked us to wait for some time. Now Its been 7 years and he is giving me the same reason. I requested him to at least pay the money back but he is unnecessarily delaying that for the past 1 year. The seller is neither interested in giving me the plots nor the money back. How can I file a case against that fraudulent seller? Or what could be the best way to recover my money?

Answer by rozario john :  file a police complaint for fraud, cheating at the earliest, also if you know other plot buyers, contact them and make them also file complaints against the person