Mortgage
Balbir Singh Chauhan
(Querist) 30 November 2009
This query is : Resolved
one of my client has lost his sale deeds in year July 2004 and in fifteen days he lodged a DDR. Now he wants to take a loan from bank on the above sale deeds. He dont have the prior deeds. How can a bank create mortgage on the above sale deeds? Is there called a duplicate sale deed which is availble throught Revenue department and if yes wht is its authencity?
s.subramanian
(Expert) 24 August 2010
Duplicate will not be given at this stage.You can aply for the registration copies of the deds and mortgage them.