Euitable Mortgage

sanjay singh thakur (Querist) 07 March 2009 This query is : Resolved
Dear All
Please provide me valuable information as to whether such Title Deed whose Title Holder is not alive can be given for Equitable Mortgage by making all the legal heirs as Guarantors to the bank or not and secondly whether there is any provision in law for the same.
Regards.

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B.B.R.Goud. (Expert) 07 March 2009
you need to elucidate the brief.

AEJAZ AHMED (Expert) 07 March 2009
If Bank is ready to proceed the loan transaction as stated by you without any objection and all the guarantors also expressing their wishes and readiness, no one of the guarantor is having any objection against such Mortgage, then you can proceed.