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 : ANKIT PARTI

Law Firm Name : Parti & Kackria Associates

Country : India

City : Chandigarh

State : CHANDIGARH

Practicing Since: 2010

About Your Firm : We are Advocates handling work in relation to Infringement /Recovery /Summary Suits/ Property /Money Matters /Civil Matters and Taxation Matters.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Aman Parti , Vikrant Kackria p2829/1999 , p 2484/1999 punjab and haryana bar, chandigarh
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Ankit Parti p2347/2007 punjab and haryana bar, chandigarh

 

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