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Check with seller Understanding the Concept of Usufructuary Mortgage Central Delhi
- Location: Central Delhi, Delhi, India
A Usufructuary Mortgage is a unique type of mortgage where the lender, known as the mortgagee, gains the right to use the income generated from the mortgaged property, such as rent or profits, in lieu of repayment. Unlike traditional mortgages, the mortgagor does not make direct payments but allows the lender to manage or lease the property until the loan is settled. This arrangement benefits both parties, as it provides the lender with a steady income stream and offers the borrower relief from immediate cash payments. If you're considering this type of agreement, understanding the legal and financial implications of a Usufructuary Mortgage is essential to ensure mutual benefits and compliance with applicable laws.
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