MORTGAGE DEED
MORTGAGE DEED
A Mortgage Deed is a legal document where a borrower offers their property as security to a lender in exchange for a loan. It lists important details like the loan amount, interest rate, repayment schedule, and the rights and responsibilities of both parties. The borrower still owns and uses the property, but the lender has the legal right to sell it if the borrower does not repay the loan. The deed also contains a complete description of the property and explains the consequences of default. It protects the lender’s financial interest by placing a charge on the property. Once the borrower repays the entire loan, the mortgage is cancelled and full rights return to the property owner.
DRAFTING MORTGAGE DEED
- Detailed drafting outlining loan amount, interest, and repayment terms
- Clear description of property used as security
- Ensures accurate legal language and protects rights of both lender and borrower
VERIFICATION & DOCUMENTATION SUPPORT
- Guidance on required property and identity documents
- Assistance in collecting and verifying financial records
- Ensures all details are accurate to avoid future disputes
REGISTRATION ASSISTANCE
- Preparing digital copies and required forms for registration
- Coordination with the Sub-Registrar office or online portal
- Ensuring smooth, error-free registration and creation of legal charge on property
 WHY A MORTGAGE DEED IS IMPORTANT?
- It legally records that a property is given as security for a loan.
- It protects the lender by giving them the right to recover the loan if the borrower defaults.
- It protects the borrower by clearly stating loan terms, interest, and repayment conditions.
- It creates a valid legal charge on the property once registered.
- It ensures transparency and avoids disputes between borrower and lender.
(SIMPLE MORTGAGE WITHOUT POSSESSION)
Stamp Duty : 0.3%
Registration Charges : 0.5% (Max Upto – 15000/-)
Document Required : Loan Sanction Letter, Description Of Property, Aadhar Card Of Purchaser/Borrower/Loanlender, Pan-Card Of Purchser/Borrower/Loanlender, I’d Of Authorise Person.
A Mortgage Deed is a legal document where a borrower offers their property as security to a lender in exchange for a loan. It lists important details like the loan amount, interest rate, repayment schedule, and the rights and responsibilities of both parties. The borrower still owns and uses the property, but the lender has the legal right to sell it if the borrower does not repay the loan. The deed also contains a complete description of the property and explains the consequences of default. It protects the lender’s financial interest by placing a charge on the property. Once the borrower repays the entire loan, the mortgage is cancelled and full rights return to the property owner.
DRAFTING MORTGAGE DEED
- Detailed drafting outlining loan amount, interest, and repayment terms
- Clear description of property used as security
- Ensures accurate legal language and protects rights of both lender and borrower
VERIFICATION & DOCUMENTATION SUPPORT
- Guidance on required property and identity documents
- Assistance in collecting and verifying financial records
- Ensures all details are accurate to avoid future disputes
REGISTRATION ASSISTANCE
- Preparing digital copies and required forms for registration
- Coordination with the Sub-Registrar office or online portal
- Ensuring smooth, error-free registration and creation of legal charge on property
 WHY A MORTGAGE DEED IS IMPORTANT?
- It legally records that a property is given as security for a loan.
- It protects the lender by giving them the right to recover the loan if the borrower defaults.
- It protects the borrower by clearly stating loan terms, interest, and repayment conditions.
- It creates a valid legal charge on the property once registered.
- It ensures transparency and avoids disputes between borrower and lender.
