Moneylender mortgage a property

navin (Querist) 22 July 2013 This query is : Resolved
can anyone mortgage a property & lend money?
are there any rbi guidelines?can a moneylender mortgage a property?if not pls let me know where to register ourselves in karnataka

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R.K Nanda (Expert) 24 July 2013
consult local lawyer.

navin (Querist) 24 July 2013
giv me u opinion also sir..........

navin (Querist) 24 July 2013
an anyone mortgage a property & lend money?
are there any rbi guidelines?can a moneylender mortgage a property?if not pls let me know where to register ourselves in karnataka

ajay sethi (Expert) 24 July 2013
if you post facts off your case then only we reply . if you post academic queries we don't reply

prabhakar singh (Expert) 24 July 2013
A money lender needs registration with office of magistrate of the district where he is to carry business of lending.

Rbi guidelines etc. are needed for those who want public deposit.

A valid mortgage can take place between any mortgagor and mortgagee.

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