No its not mandatory.
What do you mean by a "third party mortagagor"?
A raises loan against property from Bank B , the loan is srecured against the property of C , who mortgages his property.
Here C shall be a third party Mortgagor.
Your are not logged in . Please login to post replies
Click here to Login / Register
view more »
Our Network Sites
Alternatively, you can log in using:
Join LAWyersclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.