Mortgage Deed
"Your final step, make it count with flawless execution."
What Is Mortgage Deed?
A mortgage deed is executed under Section 58 of the Transfer of Property Act 1882 to create a charge on immovable property as security for a loan or debt. The borrower (mortgagor) pledges the property in favour of the lender (mortgagee), who acquires a lien until the debt is fully repaid. Common types of mortgage in India include the simple mortgage, mortgage by conditional sale, usufructuary mortgage, English mortgage, and mortgage by deposit of title deeds. Registration of the mortgage deed at the Sub-Registrar Office is mandatory, and the mortgage is reflected in the Encumbrance Certificate of the property.
Who Needs It & Legal Importance
- Property owners seeking secured loans
- Banks requiring mortgage documentation
- Private lenders securing loans with property
- Businesses using property as collateral
What If Wrongly Or Not Done?
- Unregistered mortgage deed cannot create enforceable rights against third parties or subsequent mortgagees
- Lender's security interest may not be properly established, affecting priority in competing claims
- Mortgagee may lose the right to foreclose or sell the property to recover the loan amount
How We Do It, Step-By-Step
Why SaleDeed.com Is Better?
We don't just draft documents. We solve property problems. Here's what sets us apart from everyone else.
-
We Evaluate Before We Initiate
-
Your Case-Specific Procedure
-
No Unnecessary Documentation
-
No Negligence / No Delays
-
We Answer Every Query Raised by the Government Authorities
-
From the Day You Reach Us to the Day We Deliver, You Don't Need to Follow Up. We Will Follow Up with You.
-
It's Done - Or Refund
-
Expert Staff of Minimum 20 Years of Experience