Mortgage Deed - Simple (India)

Simple Mortgage Deed for use in India.

File types included

  • Microsoft Word
  • Adobe PDF
  • WordPerfect
  • Rich Text Format

Compatible with

  • Windows
  • Mac OS X
  • Linux

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This kit includes tools and guidelines to assist you in drafting a Simple Mortgage Deed.

A mortgage deed is a document that gives a lender (also known as a mortgagee) the legal right and interest in a property. A mortgage allows a borrower (also known as a mortgagor) to pledge his home or any such property as security for a loan; the mortgage deed represents the lender's ownership in the property.

A simple mortgage gives two-fold rights to a mortgagee: i) a covenant on the part of the mortgagor to pay the debt; and ii) the right granted to the mortgagee to realise his dues from and out of the property mortgaged to him. These rights also gives the mortgagee the power to proceed in the Court should the mortgagor be in breach of any of the two rights granted to the mortgagee. In a simple mortgage, the security is two-fold: one is the property and the other is the personal obligation.

Among others, this form includes the following key provisions:
  • Property Details
  • Loan Sum and Repayment
  • Reconveyance of Property
  • Default in Repayment
  • Insurance
  • Compensation received by Property
  • Leasing of Property
This attorney-prepared Simple Mortgage Deed packet contains:
  1. Description and Instructions for Simple Mortgage Deed
  2. Simple Mortgage Deed for use in India
Law Compliance: This form is designed for use in India.
Number of Pages7
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#33496

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