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vignesh k (internal auditor)     08 July 2016

Loan against property

Hi sir's want to know weather can I give loan against property to my friend and what type of agreement to be made


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 4 Replies


(Guest)
Sir,plz be very cautious in lending ur hand to ur frnd.coz later,on,disputes may crop up and it may hinder even the frnship.If u need my professisonal service u can,email me at....juristybcreddy@gmail.com #9959850723.....Balachander Reddy Advocate

vignesh k (internal auditor)     08 July 2016

Hi sir thanks for your reply as he is pledging property orginal papers as a security against the loan amount

vignesh k (internal auditor)     08 July 2016

Hi sir thanks for your reply as he is pledging property orginal papers as a security against the loan amount

Augustine Chatterjee,New Delhi (Advocate & Solicitor at Law)     09 July 2016

The said loan agreement shall be a mortgage deed . However remember that in some scenarios , registration of the said agreement is mandatory . Hence he wordings of the said agreement are very essential and play a key role in determining whether registration ought to be mandatory or not

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