shetty&Associates

 shakunthala

 26 Years Exp

 Mortgage Deed (Show More)

 Bangalore , J P Nagar

 View Answers by this Partner (0)

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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 : shakunthala

Law Firm Name : shetty&Associates

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 1999

About Your Firm : ? We are dedicated team serving the legal needs of regional, national and international businesses and Individuals. Our consulting professionals provide the depth and breadth of expertise necessary to solve complex business & individual challenges.We expertise with Civil, criminal,and family dispute cases. we also help our clients with Deed and documentation.

Manpower/Employee Details

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  Legal Opinion/Title Certification ( Apartment/Builder Floor )
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  Power of Attorneys ( Drafting General Power of Attorney )
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  Agreements/Deeds(Bulk) ( Sale Deed )

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