Business Studies, asked by RaviRajSha7550, 1 year ago

what is mortage? Differentitate between legal and equitable mortage.

Answers

Answered by samihaakhter
2

Answer:

A legal mortgage is the document that accurately outlines your financial obligation to the mortgagee and legally complies with the requirements of the property's jurisdiction. If any part of a mortgage document is incorrect or missing, which renders it an invalid legal document, it becomes an equitable mortgage.

Hope it helps

Pls press the brainliest button and vote!!!

Thanks

Similar questions