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What else can I help you with?
Can we enhance registered mortgage by creating equitable mortgage?
no
Why do banks prefer legal mortgage to equitable mortgage?
Equitable mortgages are legal.
Which centers in UP are notified for equitable mortgage?
notified centres in up for equitable mortgage
What is meant by the term equitable mortgage?
The term equitable mortgage means that two parties have made an agreement (whether verbal or written) that the loaner will lend money to the owner of a mortgage using the mortgage as collateral and in the event that the borrower does not return the money he loaned the mortgage is then in the possession of the lender.
What is the stamp duty of equitable mortgage in kerala?
NIL
What is the validity period of equitable mortgage?
12 Years
What are the differences between Legal and Equitable Rights?
Legal RightLegal rights are recognized by the courts of common law.A registered mortgage is a legal mortgage.These are certain rights.Where these two rights conflict, legal rights prevail.Equitable RightEquitable rights are recognized by the courts of chancery.A mortgage of property by simply keeping the title deeds with the creditor is an equitable mortgage.These are uncertain rights.When these two rights conflict with each other, equitable rights become weaker than legal rights.
What is Registered mortgage?
A registered mortgage is a deal whereby the borrower executes a formal written instrument that can be construed as a conveyance of their attention in land as security for a loan.
How do you serve federal national mortgage association?
who is registered agent for federal national mortgage association
What is the stamp duty on equitable mortgage in UP?
0.50% K U Khan Aligarh
What is the meaning of equitable?
Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as an equitable decision; an equitable distribution of an estate; equitable men., That can be sustained or made available or effective in a court of equity, or upon principles of equity jurisprudence; as, an equitable estate; equitable assets, assignment, mortgage, etc.
Can the mortgage company take your house without the deed?
By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.
