Why Ri8?
Leading real estate legal services provider in Maharashtra.RI8 PROPERTY PVT LTD offers complete paperless and hassle-free Notice of Intimation and Title Search (Property Ownership Search) services in Maharashtra to leading banks, HFCs, and NBFCs.
Reliable
10000+ customers
served to far
Super fast & convenient
Paperless and fastest service in the market
Accurate
Maintained 99% accuracy with quality
FAQ
What is meant by Filing of Notice of Intimation in the context of Equitable Mortgage?
What is the legal provision in that regard??
Provisions exist in Clause (f) of Section 58 of Transfer of Property Act, 1882 regarding loan transactions by following Deposit of Title Deed system. According to it, to take loan it is sufficient for the borrower to deposit his title deeds in the custody of bank and the bank or borrower to prepare anote in that respect.
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