Mortgage & Security Documents

What this covers

A mortgage is the charging of property as security for a loan. We handle the security side of borrowing and lending: the mortgage deed, the terms of the charge, registration where required, and the documents that let a lender enforce, or a borrower redeem, cleanly.

For borrowers

We review what a lender asks you to sign so you understand the charge you are giving, the events of default, and how the property can be sold if you cannot pay. We make sure the security matches the loan and that you are not signing away more than the deal requires.

For lenders

We draft and register security that will actually stand up: a valid, correctly registered mortgage, clear default terms, and the documents needed to enforce through the Artha Rin Adalat Ain 2003 if the borrower defaults. A defective charge is worthless exactly when you need it.

Registration and redemption

Certain mortgages must be registered to be effective, and the register is where a buyer or another lender checks for existing charges. We handle registration, and, when a loan is repaid, the release so the charge is cleared from the record and the owner’s title is clean again.

What we need

• The property’s title and current khatian/porcha
• The loan terms and the parties’ details
• Any existing charges on the property
• Land development tax receipts and mouza details

How long it takes

A mortgage or security document can usually be drafted and registered within days once the loan terms and title are settled. Releasing a charge on repayment is quicker.