Property Mortgages are contractual agreements that allow individuals to obtain financial resources from a lender by using real property as security. As specified in the Transfer of Property Act of 1882, these agreements exist in many formats, each outlining distinct rights and responsibilities for the parties concerned. These categories include several types of property mortgages, […]
Tag: Mortgage
Understanding the Property Transfer Act in India and its Impact on NRIs
IntroductionThe Property Transfer Act, often a subject of great interest for both domestic and non–resident Indians (NRIs), significantly regulates property transactions in India. This legislation governs the transfer of property from one entity to another. Understanding the rights and obligations of NRIs regarding property transactions in India is crucial. Furthermore, the Property Transfer Act plays […]