Mortgage Deed Lawyer, Advocate, Mortgage Deed Registration Advocate in Punawale

Adv. Ravi Bachute best Mortgage Deed Lawyer, Advocate, Mortgage Deed Registration Advocate in Punawale. He has expertise in providing services for mortgage at reasonable rate. With his skilled and talented nature, he can manage your legal process easily.

What is the concept of mortgage deed?

A Mortgage deed is, in short, a document that contains all details regarding the loan given as well as the parties concerned, details of the property unbroken as collateral, loan quantity, rate, and more. The deed offers a radical rehearsal with regards to the interest and title over the property. It helps in deciding the rightful owner of the encumbered property. The registration of a deed is crucial to possess legal validity. It should be signed by the recipient with a minimum of 2 witnesses UN agency additionally attests to the deed. Relevant stamp tax is to be paid compulsorily; otherwise, the deed isn't enforceable.

Types of mortgage:

• Simple mortgage
• Mortgage condition for sale
• Usufructuary mortgage
• Mortgage by deposit of title-deeds

Topics Covered in Mortgage Deed:

• Property Details
• Personal details of the parties
• Repayment or loan sum
• Insurance
• Leasing of property

Document required:

• Passport size photo
• Electricity bill (for address proof)
• Aadhar and pan card
• Licence
• Other conditional documents

Adv. Ravi Bachute also Top Mortgage deed registration advocate in Punawale.