Rural NON DTCP plots hypothecation process and draft
4 years ago
Hi, I had lent jewellery worth 12 lakhs to my close friend for his urgent needs. However he is not able to giveback jewels or its equivalent money value . He is ready to hypothecate his plots in rural side and legally register hypothecation until he repays me. Note : plots are NOT DTCP registered. He owns it before those regulations came into place. We both are Hindu's. I want the agreement to be registered legally. Kindly let me know the process and legal draft for the hypothecation. Thanks
A.Dear Sir,
Better get such agreement or mortgage deed immediately.
Better get such agreement or mortgage deed immediately.
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