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CONVEYANCE OF AN IMMOVABLE PROPERTY IN FAVOUR OF THE MORTGAGEE
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The property is already mortgaged to the Mortgagee. The Vendor/Mortgagor is unable to redeem the mortgage by paying mortgage debt to the Mortgagee. Hence, decides to sell the property to the Mortgagee. This is the precedent of Conveyance of an immovable property in favour of the Mortgagee.
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CONVEYANCE OF IMMOVABLE PROPERTY SUBJECT TO EXISTING MORTGAGE
The property is already mortgaged. The Vendor is unable to redeem the mortgage. However, the Purchaser is willing to buy the property subject to existing mortgage. This is the precedent of Conveyance of an immovable property in favour of the Purchasers who is willing to buy subject to the existing mortgage.
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DEED OF TRANSFER OF AN IMMOVABLE PROPERTY FROM EXECUTOR TO LEGATEE
This is a precedent of Deed of Transfer of an immovable property by Executor to Legatee under the will. The deceased has died leaving a Will (which is probated) under which the particular property is to be transferred to the legatee.
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DEED OF PLEDGE
This is a precedent of Deed of Pledge where the Pledgor pledges the shares in favour the Pledgee as security for amounts lent and advance by the Pledgee to the Pledgor.
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CONVEYANCE OF IMMOVABLE PROPERTY BY A LEGAL GUARDIAN/MANAGER OF A LUNATIC
This is a precedent of Conveyance of Immovable Property (Land and the building) whereby the property of the Lunatic/person of unsound mind is being sold by the legal guardian and manager appointed by the Court and with the sanction of the court.
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DEED OF DECLARATION TO BE SUBMITTED BY OWNER/S AND THE PROMOTER/S AS PER SECTION 2 OF THE MAHARASHTRA APARTMENT OWNERSHIP ACT, 1970
This is a Deed of Declaration to be submitted by the Owners/the Promoters as per Section 2 of the Maharashtra Apartment Ownership Act, 1970 to effectively transfer the land and building in favour of Condominium/various Purchasers under the said Act. (FOR STATE OF MAHARASHTRA)
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DEED OF MORTGAGE BY CONDITIONAL SALE
This is a precedent of Deed of Mortgage by Conditional Sale where there occurs an ostensible sale, which is converted into absolute sale in the event that the Seller/Mortgagor is unable to repay the loan/Mortgage Debt to the Purchaser/Mortgagee.
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MEMORANDUM BY PARTIES RECORDING EQUITABLE MORTGAGE
This is a precedent of Memorandum by parties recording equitable Mortgage. Equitable Mortgage is a normally executed with an intent to create a mortgage by deposit of title deeds of the property as a security to secure the Mortgage Debt.
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CONVEYANCE OF REVERSIONERY RIGHTS IN THE IMMOVABLE PROPERTY
The Vendor is the Owner of an immovable property and has already leased the same to the Lessee on long lease. The Purchaser desires to acquire Vendor’s reversionary right in the said immovable property. This is a precedent of Deed of Conveyance whereby the Vendor is transferring his reversionary rights in the property to the Purchasers.
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DEED OF ENGLISH MORTGAGE
This is a precedent of English Mortgage where the Mortgagor binds himself to repay the mortgage money on a certain date and transfers the mortgaged property absolutely to the mortgagee but subject to a proviso that the Mortgagee will retransfer it to the mortgagor upon payment of the mortgage money/debt.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED AND THE HOUSING LOAN AVAILED BY THE TRANSFEROR IS ALSO TO BE DISCHARGED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has also availed housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat and simultaneously desires to discharge the liability of the Bank. This is the precedent of Deed of Transfer for the same. This precedent can be used for commercial premises also with suitable changes.
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LOCK OUT AGREEMENT
The parties intend to sell and buy the property/flat etc. However, the negotiations and finalization may take some time. Pending the same, they want to bind each other for the specific time to enable them to finalise the terms and arrive to the proper contract. This is a precedent of lockout agreement for the above purpose.
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RELEASE OF MORTGAGE
This is a precedent of a Release of Mortgage where the Mortgagor has paid to the Mortgagee the mortgage debt under the Mortgage Deed and Mortgagee releases the mortgaged property from the charge of Mortgagee.
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