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CONVEYANCE OF IMMOVABLE PROPERTY SUBJECT TO EXISTING MORTGAGE
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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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CONVEYANCE OF IMMOVABLE PROPERTY BY A LEGAL GUARDIAN OF A MINOR
This is a precedent of Conveyance of Immovable Property (Land and the building) whereby the property of the minor is being sold by the legal guardian of the minor appointed by the Court.
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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 TRANSFER OF FLAT PURCHASER’S RIGHT UNDER THE AGREEMENT WITH THE DEVELOPERS TO PURCHASE THE FLAT IN AN UNDER CONSTRUCTION BUILDING
This is a precedent of a Deed of Transfer of Flat Purchaser’s right under an Agreement with the Developers in an under construction building wherein the Purchasers after verifying the title of the Vendors under the Agreement for Sale as mentioned therein are desirous of purchasing the Flat upon terms and conditions as detailed in the Deed.
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SUIT FOR REDEMPTION OF MORTGAGE
The property is mortgaged. The Mortgagor desires to redeem the mortgaged property through Court. This is a precedent of suit for Redemption of Mortgage.
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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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TRANSFER OF A FLAT ON OWNERSHIP BASIS BY THE VENDOR TO THE EXISTING TENANT
This is a precedent of Deed of Transfer wherein the Vendor has agreed to sell, transfer and convey his rights, title and interest in the property mentioned therein to the Tenant Purchaser upon terms and conditions as detailed in the Deed.
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SUIT FOR SALE OF MORTGAGED PROPERTY (SIMPLE MORTGAGE)
The property is mortgaged. Mortgaged debt is not paid. Mortgaged Property is required to be sold through Court. This is a precedent of suit for Sale of Mortgaged Property and for consequential reliefs.
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DEED OF RECONVEYANCE OF MORTGAGED PROPERTY
This is a precedent of a Deed of Re-conveyance of Mortgaged Property where the Mortgagor has repaid the mortgage debt to the Mortgagee and Mortgagee executes into the Deed of Re-conveyance of Mortgaged property.
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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 AN IMMOVABLE PROPERTY IN FAVOUR OF THE MORTGAGEE
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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SUIT FOR FORECLOSURE OF MORTGAGE
The Defendants have availed financial facility from the Plaintiff against the Mortgage of their property. The Defendants have failed to pay the mortgage debt to the Plaintiff. The Defendants have failed to redeem the Mortgage. The Plaintiff claims to be entitled to foreclosure the mortgage and become the Owner of the mortgaged property. This is the precedent of a suit for foreclosure of mortgage.
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INDENTURE OF SECOND MORTGAGE
This is a precedent of an Indenture of Second Mortgage. The First Mortgage has priority over the Second Mortgage.
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