What is the difference between a simple property mortgage and other types of mortgages?

 A simple property mortgage is differentiated from others by its primary and uncomplicated nature. In a conventional mortgage arrangement, the borrower undertakes to repay the loan while retaining property ownership. In case the borrower defaults, the lender is empowered to sell the property to recover the outstanding debt.

Cookies on NRI Legal Services Sites

We use cookies for a number of reasons, such as keeping NRI Legal Services Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Manage cookies