Equitable on basis of will
amit kumar
(Querist) 15 September 2015
This query is : Resolved
Dear Experts
can Equitable mortgage be created on basis of Will only without obtaining original title deeds by bank
malipeddi jaggarao
(Expert) 16 September 2015
Academic query. In what way you are related to the query? If you representing Bank, your panel advocate will verify the entire documents and will give his opinion. Lot of information is required to give advice on this issue.
Rajendra K Goyal
(Expert) 16 September 2015
Is the person who bequeath the will is alive?
Will itself is not title of property, original title deed required with it.
Kumar Doab
(Expert) 16 September 2015
Agreed with experts.
Has the WILL been acted upon/probated/has not been under cloud?
Bank will collect oiginal title deeds.