Equitable Mortgage Notice of Intimation

Generally bank takes such intimation letter also with memorandum and separately posts to concerned Registrar.  Always take confidence of bank and act as per their advice.

The rules are framed basing on several precedents, frauds.  You may not be aware but in several states, there are hundreds of such cases where fake title deeds, and forgeries were done without the knowledge of the owner for raising home loans.  Please do understand that when certain rules are framed, experts always depend on feedback and try to avoid any litigations/frauds in the future.

The rules are framed basing on several precedents, frauds.  You may not be aware but in several states, there are hundreds of such cases where fake title deeds, and forgeries were done without the knowledge of the owner for raising home loans.  Please do understand that when certain rules are framed, experts always depend on feedback and try to avoid any litigations/frauds in the future.

yes sir i do understand the reason for implementation but dont appriciate the manner of applying the rule. the said loan detail is already available in Credit reports and linked to aadhar, pan etc than why not integrate such info rather than making a whole new process which is hard for a common man to do. a simple declaration can be made to sign at the time of disbursement which can enable details to be shared with sub registrar.

there is no material on this topic any where. banks provide info by post which in most cases reach after 30 days. 99% of people i know who has taken a home loan have no clue of such requirement. i can understand 1 2 3 4 ppl being lazy or ignorant but how can so many ppl be unaware. the popular sites like lawyerclubindia, caclubindia, indiankanoon has next to no topic on  the subject.

all this just shows how poorly implemented is this entrie rule which actually has a good intension. 

there are material which literally can make a common man do good audit, accounts, mca work, file notice, even represent in an ITAT and you consider this to be something which can make legal faternity futile.

nice to know an inside secret.