DEPOSIT OF TITLE DEEDS

EQUITABLE MORTGAGE

PREPARATION OF DEED
ALWAYS NOT NECESSARY MERE DEPOSITING TITLE DEEDS WILL CREATE A EQUITABLE MORTGAGE IF WRITTEN DEED IS PREPARED IT MUST BE EXECUTED AND REGISTERED

MERE PREPARATION OF MOMORANDUM OF DEPOSIT OF TITLE DEED NEED NOT BE REGISTED

NEW LAW - Maharashtra

IF DEED OF DEPOSIT OF TITLE DEED REGISTERED NOTING IS NOT NECESSARY OTHERWISE NOTING IS MANDATORY UNDER SECTION 88B OF THE REGISTRATION ACT, 1908

STAMP DUTY

0.2% of the Security amount

Applicability
Only in Notified Towns to facilitate the easy process of financial facility arrangements

DISCLAIMER

This PPT is not a legal advice it is only for the information purpose

In the public interest

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