LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

chandan singh   03 November 2016

Registration of equitable mortgage

Dear Sir/Madam,

I have taken the possession of my flat at Kolkata in  February-2016. The flat is jointly owned by me &  my wife. The Registration etc. was done  in February 2016. The  Housing loan  was processed from  SBI -Rajkot(Gujarat) & the Equitable Mortgage has been created at SBI RACPC-Rajkot dated 17th of May -2016, I want to  know  whether Equitable Mortgage Registration can be done here at Rajkot or it will be done from Kolkata since my property is located at Kolkata. Also, Whether the above EM created in May is valid or I need to get it re-validated.

 I have approached SBI several times but there seems to be no clarity.

 

Thanks & regards,

 

Chandan



Learning

 1 Replies

adv.bharat @ PUNE (Lawyer)     03 November 2016

Chandan ji 

1) EM can be created where the porperty is located.

2) Em is valid no need to revalidate it.

Will u give THANKS on my LCI profile for free advice?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register