validity of mortgage deed

Suhas Baburao Shiroshi (Querist) 23 January 2010 This query is : Resolved
Dear sir, Our district central co. op. bank in maharashtra at kolhapur district has financed a co. op society by mortgaging their properties by one single mortgage deed registered at kolhapur registrar, in which the properties in kolhapur,mumbai, pune, satara, sindhudurg districts were mortgaged to bank in year 2001.These are some other disricts than kolhapur.Is the mortgage is legal/valid. what was the juridiction of registrar to register the mortgage in year 2001 in maharashtra.

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R.R. KRISHNAA (Expert) 23 January 2010
If properties more than one are located in different jurisdictions/places, they can be together registered in one place. It is permissble and valid.

Adinath@Avinash Patil (Expert) 24 January 2010
THE MORTGADE IS LEGAL/VALID IF PROPERTIES MORE THAN ONE LOCATED IN DIFFERENT DISTRICTS/PLACES THEY CAN BE TOGETHER REGISTERED IN ONE PLACE.

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