banner_ad

mortgages..........

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 June 2008 Charges can be created for one property from more then 1 banks .\\????
Profile Image

PC-www.bharadwajinstitute.com

Profile Image

PC-www.bharadwajinstitute.com (Expert)
19 June 2008 Legally it is possible..

Practically 2nd mortgages are not preferred by banks.....since the firt mortgager has first charge(Security) and the second bank has second Charge...which increases the risk of the second bank.

If there is a significant difference between the market value of the security and the first loan, second mortgage is posssible..
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
03 October 2008 Oh yes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details