CREATION OF AN EQUITABLE MORTGAGE BY DEPOSIT OF TITLE DEEDS IN FAVOUR OF A COMPANY
- Legal Yojana
- May 18, 2024
- 1 min read
Updated: Mar 13
CREATION OF AN EQUITABLE MORTGAGE BY DEPOSIT OF TITLE DEEDS IN FAVOUR OF A COMPANY
This Memorandum made by me ……………………………………..
……………………………….
Resi ________________
on this _________ day of _________
Now This Memorandum Witnesseth as Follows:
That I have handed over and entrusted the title deeds stated in the first schedule hereto concerning the property bearing no. _________________ more specifically stated in the second schedule hereto with Sh.__________________________
S/o Sh. _____________________
R/o_________________________ __________ for securing the payment of the sum of Rs.__________ (Rupees ______________________________________________ only) with interest @ ____ % per cent annually which was borrowed by me from him on __________ and the payment of which is due on ______. That I further declare that I have a clear and marketable title to the said properties and the documents of title so handed over and entrusted are the only documents of title relating to the said properties in my custody and possession.
The first schedule here in above referred to
The second schedule here in above referred to
Dated _________
Signed by the said Sh._________ (Mortgagor)
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