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rajat sehgal (student)     08 December 2010

release of mortgage land

there is a mortgaged land and it is registered.
now do we need to register the release document also as mortgaged land is to be relesed, so does the release has to be registered? please tell the section of the registration act also.
Thank you.



Learning

 2 Replies

SACHIN AGARWAL (ADVOCATE)     09 December 2010

If the mortgage deed is registered, the release is required to be registered. The proeprty is mortgaged under section 58 of Transfer of Property Act and the registration is governed by Section 17 of The Registration Act.

Y ARAVIND (ADVOCATE)     09 December 2010

i concur with Mr.Sachin Agarwal


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