NEED FOR
REGISTERING MORTGAGES
Mortgage by deposit of title deeds (equitable mortgage) provided by
section 58(f) of the Transfer of Property Act, 1882 is not required to be
registered and there is no requirement of recording any written document for
creation of such mortgage.
Taking advantage of this situation, a number of frauds have taken place
by depositing multiple documents of title relating to the same property.
CERSAI
REGISTRATION
Details of all the Equitable Mortgages by deposit of tiltle deeds
are required to be registerd with CERSAI
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