Category: Title
Document creating a mortgage in favor of a lender as security for a loan.
Mortgage deeds are registered with the sub-registrar (in most states). The mortgage deed establishes the lender’s right to invoke SARFAESI when the borrower defaults. Buyers should review the original mortgage deed during due diligence.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
