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DEFINATION WITH EXAMPLE

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(Querist)
25 April 2020 Please inform me in details the concept of HYPOTHECATION & MORTGAGE with example.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
25 April 2020 A mortgage is taken for a huge amount and tenure period is also more.
Hypothecation is done for a small amount. Tenure is shorter period.

A mortgage is done mortgage deed for immovable properties like land, building, warehouse, etc. Hypothecation, on the other hand, is done hypothication deed for movable properties like cars, vehicles, stocks
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