Mortgage

Deep Kumar Saha (Querist) 01 August 2013 This query is : Resolved

Dear All,

Please confirm whether registration of simple mortgage by depositing title deed?

If yes, please clarify the effect of non-registration as in several cases bank do not registers the mortgage deed or the documnent by which securitize their recivables against loan.

Kindly, explain the process how bank securitize the loan amount.

Awaiting your kind response.

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R.K Nanda (Expert) 01 August 2013
study bank laws.

Rajendra K Goyal (Expert) 01 August 2013
Registered Mortgage need to be registered and mortgage by deposit of title deed need not to be registered legally.

Bank confirm that the title is free from encumbrances.

Raj Kumar Makkad (Expert) 05 August 2013
No scope for academic queries. Post your real problem.

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