Mortgage types and their legal requirements Harold Ayodo
Publication details: Nairobi The Standard Group Thursday, January 29 2009Description: P.13 [Home and Away:property law], The Standard, January 29 2009Subject(s): Summary: There are 4 legal mortgages entailed in the Indian Transfer of Property Act: *Simple mortgages-the prospective property owner is the mortgagor. *Usufructuary mortgage-investors given possession and authority to retain the property until they fully pay the debt. *English mortgage-mortgagor required to bind himself to repay the debt on a specific and transfer the mortgage property absolutely to the mortgagee. * Mortgage by condition of sale
Reviews from LibraryThing.com:
No physical items for this record
There are 4 legal mortgages entailed in the Indian Transfer of Property Act:
*Simple mortgages-the prospective property owner is the mortgagor.
*Usufructuary mortgage-investors given possession and authority to retain the property until they fully pay the debt.
*English mortgage-mortgagor required to bind himself to repay the debt on a specific and transfer the mortgage property absolutely to the mortgagee.
* Mortgage by condition of sale
There are no comments on this title.
Log in to your account to post a comment.