Equitable Mortgage: Kya Hai Yeh?

Hey guys! Aaj hum baat karenge equitable mortgage ke baare mein, aur woh bhi Hindi mein! Agar aap property ke maamlon mein thoda interest rakhte hain ya phir loan lene ki soch rahe hain, toh yeh term aapke liye bahut important ho sakta hai. Equitable mortgage ek aisa concept hai jo aapko property ke documents জমা kiye bina bhi loan secure karne mein help karta hai. So, let's dive in and understand equitable mortgage meaning in Hindi!

Equitable Mortgage Kya Hai?

Equitable mortgage, jise Hindi mein न्यायसंगत बंधक kaha jaata hai, ek prakar ka mortgage hai jismein aap apne property ke original documents lender ke paas জমা karte hain, loan ke security ke roop mein. Ismein registration compulsory nahi hota, lekin lender ke paas property ke documents hote hain. Ab aap soch rahe honge ki yeh kaise kaam karta hai? Chaliye, ise aur detail mein samajhte hain.

Equitable mortgage ek simple aur convenient tareeka hai loan secure karne ka, especially un logon ke liye jo jald se jald loan lena chahte hain. Is process mein, borrower apne property ke title deeds, jaise ki sale deed, agreement to sale, aur other relevant documents, lender ke paas জমা karta hai. Lender, in documents ko apne paas rakhta hai jab tak ki loan poora chuka na diya jaaye. Yeh process registered mortgage se alag hai, jismein mortgage ko registrar office mein register karwana padta hai.

Equitable mortgage ka sabse bada fayda yeh hai ki ismein registration ki zaroorat nahi hoti. Isse borrower aur lender dono ka time aur paisa bachta hai. Registration process mein stamp duty aur registration fees lagti hai, jo equitable mortgage mein nahi lagti. Iske alawa, yeh process registered mortgage se kaafi tezi se ho jaata hai. Lender documents verify karta hai aur loan sanction kar deta hai.

Lekin, iska matlab yeh nahi hai ki equitable mortgage mein koi risk nahi hai. Lender ko yeh ensure karna hota hai ki borrower ke paas property ka clear title hai aur koi legal dispute nahi hai. Iske liye, lender property ke documents ko thoroughly check karta hai aur legal opinion bhi leta hai. Borrower ko bhi yeh ensure karna hota hai ki woh lender ko sabhi relevant documents sahi sahi provide karein aur loan ki sharton ko poori tarah se samjhe.

Overall, equitable mortgage ek useful tool hai loan secure karne ka, lekin ismein kuch risks bhi hote hain. Isliye, borrower aur lender dono ko iske baare mein poori jaankaari honi chahiye aur sabhi precautions lene chahiye.

Equitable Mortgage Kaise Kaam Karta Hai?

Equitable mortgage ka process kaafi seedha-saada hota hai. Yahan ek step-by-step guide hai:

1. Application: Borrower lender ko loan ke liye apply karta hai aur apni property ke baare mein jaankaari deta hai.
2. Document Submission: Borrower apne property ke original documents lender ke paas জমা karta hai.
3. Verification: Lender documents ko verify karta hai aur property ke title ki jaanch karta hai.
4. Loan Sanction: Agar sab kuch sahi paaya jaata hai, toh lender loan sanction karta hai.
5. Agreement: Borrower aur lender ke beech ek agreement sign hota hai, jismein loan ki shartein likhi hoti hain.
6. Disbursement: Lender borrower ko loan amount deta hai.
7. Repayment: Borrower loan ko agreed terms ke according repay karta hai.
8. Document Release: Loan poora chukane ke baad, lender property ke documents borrower ko वापस kar deta hai.

Is process mein, sabse important step hai documents ka sahi tarah se verification. Lender ko yeh ensure karna hota hai ki borrower ke paas property ka legal ownership hai aur koi bhi legal issue nahi hai. Agar documents mein koi gadbadi hoti hai, toh lender loan application reject kar sakta hai.

Equitable Mortgage Ke Fayde (Advantages)

Equitable mortgage ke kai fayde hain, jo ise borrowers aur lenders dono ke liye ek attractive option banate hain. Chaliye, in faydon ko detail mein dekhte hain:

• No Registration Required: Yeh sabse bada fayda hai. Registration ki zaroorat nahi hoti, isliye stamp duty aur registration fees nahi lagti. Isse borrower ke paise bachte hain aur process bhi tezi se ho jaata hai.
• Quick Process: Registered mortgage ke comparison mein, equitable mortgage ka process bahut fast hota hai. Documents জমা karne aur loan sanction hone mein kam time lagta hai.
• Convenient: Yeh process borrowers ke liye bahut convenient hai, especially un logon ke liye jo jald se jald loan lena chahte hain. Kam paperwork aur formalities hoti hain, isliye yeh process aasaan ho jaata hai.
• Lower Costs: Stamp duty aur registration fees nahi hone ki wajah se, equitable mortgage registered mortgage se sasta padta hai.
• Flexibility: Equitable mortgage mein terms aur conditions negotiate karna aasaan hota hai. Borrower aur lender dono apni zaroorat ke hisab se shartein तय kar sakte hain.

Equitable Mortgage Ke Nuksan (Disadvantages)

Har cheez ke fayde aur nuksan hote hain, aur equitable mortgage bhi isse alag nahi hai. Iske kuch nuksan bhi hain, jinhe jaan lena zaroori hai:

• Risk for Lender: Lender ke liye risk hota hai ki borrower property ke documents ke saath fraud kar sakta hai. Agar borrower ke paas property ka clear title nahi hai, toh lender ko loss ho sakta hai.
• Limited Legal Protection: Registered mortgage ke comparison mein, equitable mortgage mein lender ko kam legal protection milta hai. Agar borrower loan repay nahi karta hai, toh lender ko property recover karne mein mushkil ho sakti hai.
• Not Suitable for Large Loans: Equitable mortgage generally small aur medium-sized loans ke liye suitable hota hai. Large loans ke liye registered mortgage better option mana jaata hai.
• Documentation Issues: Agar property ke documents incomplete ya incorrect hain, toh lender ko loan sanction karne mein problem ho sakti hai.
• Trust Factor: Equitable mortgage borrower aur lender ke beech trust par based hota hai. Agar dono ke beech trust nahi hai, toh yeh process risky ho sakta hai.

Equitable Mortgage Aur Registered Mortgage Mein Kya Antar Hai?

Equitable mortgage aur registered mortgage dono hi loan secure karne ke tareeke hain, lekin dono mein kuch important differences hain. In differences ko samajhna aapke liye bahut zaroori hai:

Is table se aapko dono ke beech ke main differences samajhne mein help milegi. Aap apni zaroorat aur situation ke according decide kar sakte hain ki kaun sa option aapke liye better hai.

Equitable Mortgage Ke Liye Zaroori Documents

Agar aap equitable mortgage ke liye apply kar rahe hain, toh aapko kuch important documents submit karne honge. Yeh documents lender ko property ke title aur ownership ko verify karne mein help karte hain. Yahan kuch common documents ki list hai:

• Sale Deed: Yeh sabse important document hai, jo property ke ownership ko prove karta hai.
• Agreement to Sale: Agar aapne property purchase karne ke liye koi agreement kiya hai, toh woh document bhi submit karna hoga.
• Title Deed: Yeh document property ke title ko establish karta hai.
• Property Tax Receipts: Yeh dikhate hain ki aapne property tax regularly pay kiya hai.
• Encumbrance Certificate: Yeh certificate dikhata hai ki property par koi legal dues ya liabilities nahi hain.
• Identity Proof: Aapko apna identity proof bhi submit karna hoga, jaise ki Aadhaar card, PAN card, ya passport.
• Address Proof: Aapko apna address proof bhi submit karna hoga, jaise ki Aadhaar card, utility bill, ya bank statement.

Lender aapko kuch aur documents bhi submit karne ke liye keh sakta hai, depending on your specific situation. Isliye, lender se poori jaankaari lena important hai.

Conclusion

So guys, equitable mortgage ek useful aur convenient tareeka hai loan secure karne ka. Ismein registration ki zaroorat nahi hoti, isliye yeh process tezi se ho jaata hai aur cost bhi kam lagta hai. Lekin, ismein kuch risks bhi hote hain, jinhe consider karna zaroori hai. Agar aap equitable mortgage ke baare mein soch rahe hain, toh lender se poori jaankaari lein aur sabhi sharton ko carefully samjhein. Umeed hai ki yeh article aapke liye helpful raha hoga! Agar aapke koi questions hain, toh comment section mein zaroor poochhein!