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Shazia Khan   18 September 2021

Mortgage

Sirs,

My friend is in need of a loan. He is willing to mortgage his under construction (redevelopment) flat. Can I give loan by entering into a mortgage deed and can such deed be registered? or it is only a company/ corporate who can give loan against mortgage.



Learning

 2 Replies

Shashi Dhara   18 September 2021

It should be registered ,confirm first he has pledged it or not,then mortgage .

Pradipta Nath (Advocate)     18 September 2021

You can give loan on a registered mortgage deed.

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