Memorandum Confirming Deposit of Title Deeds (MOTD Deed)

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A Memorandum confirming the deposit of Title Deeds is an undertaking given by the borrower stating that he is depos ...

Expert Legal Guidance: Benefit from our experienced property agents who ensure your MOTD Deed is accurately and legally prepared.

Streamlined Process: Enjoy a quick, hassle-free experience with our efficient document preparation, verification, and registration services.

Transparent Pricing: Receive clear, competitive pricing with no hidden fees, ensuring you know exactly what you’re paying for.

Comprehensive Support: From initial consultation to post-registration assistance, our team is dedicated to supporting you at every step.

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How to obtain a Memorandum of Deposit of Title Deeds (MOTD Deed)

  • Schedule Call with the Lawyer

    Customer discusses requirements and specifications of the MOTD deed transaction.

  • Drafting MOTD Deed

    Lawyer will draft SM Deed in accordance with transaction terms.

  • Registration appointment

    Registration appointment is taken after the statutory Govt. fees are paid.

  • MOTD Deed Registration

    MOTD Deed is registered at the Sub-Registrar’s office.

Schedule a Call
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Schedule Call with the Lawyer

Customer discusses requirements and specifications of the MOTD deed transaction.

Property
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Drafting MOTD Deed

Lawyer will draft SM Deed in accordance with transaction terms.

appointment
Arrow pointing to next blockArrow pointing to next block

Registration appointment

Registration appointment is taken after the statutory Govt. fees are paid.

receipt_FILL0_wght400_GRAD0_opsz48 (1)

MOTD Deed Registration

MOTD Deed is registered at the Sub-Registrar’s office.

  • Loan Details

    Loan Details

    The loan amount, interest rate, repayment schedule, and other relevant terms and conditions

  • Details

    Depository Details

    The entity that will be responsible for keeping the property documents safe during the loan term

  • Property

    Property Description

    A description of the property, including any buildings or survey numbers

  • Title Deeds

    List of Title Deeds

    A list of the documents that were deposited, including the date and name of the parties involved

Benefits of Memorandum of Deposit of Title Deed (MOTD Deed)

  • Secured Loan Transactions

    Secured Loan Transactions

    Provides a formal and legal guarantee to lenders, securing their interest in the property and ensuring the loan is backed by a tangible asset.

  • Loan Processing

    Facilitates Loan Processing

    Streamlines the loan approval process by formalising the security interest, often leading to quicker disbursement of funds.

  • Documents

    Comprehensive Document Preparation

    Accurate and thorough preparation of all necessary MOTD Deed documents to ensure legal compliance and precision.

  • Legal Consultation

    Expert Legal Consultation

    Personalized advice from experienced property law professionals to guide you through the MOTD Deed process.

  • Verification and Validation

    Efficient Document Verification

    Rigorous verification of title deeds and related documents to confirm authenticity and prevent potential disputes.

  • Ease of Transfer

    Seamless Coordination with Lenders

    Smooth communication and coordination with your lender to facilitate the effective execution of the MOTD Deed.

  • Full Registration Handling

    Full Registration Handling

    Complete management of the registration process with relevant authorities, ensuring all legal requirements are met.

  • Names and addresses

    Secure Online Submission

    Easy and secure online document submission for a hassle-free experience.

  • Transparent Pricing

    Transparent Pricing

    Clear and upfront pricing with no hidden fees, providing you with exceptional value.

  • Public Record

    Post-Registration Support

    Ongoing assistance and support for any questions or issues that may arise after the MOTD Deed is registered.

  • Post-Registration Support

    Permanent Record

    Provides a permanent, official record of the title deeds' deposit, which is useful for future reference or legal matters.

Required Documents for Memorandum of Deposit of Title Deeds (MOTD Deed)

  • Proof Of Ownership

    Proof Of Ownership

    All original title deeds and parent documents in original (if applicable).

  • Identification Of The Parties

    Identification Of The Parties

    Ration Card / Voter Card / Driving License / Aadhar Card / PAN card of both parties.

  • Will Registration

    Registration Of Document Through POA

    GPA (If applicable).

  • Witnesses

    Witnesses

    Two Witnesses Of The Parties Along With ID Proof.

  • Any other documents or requirements as stipulated by the lawyer based on the State applicability

    Any other documents or requirements as stipulated by the lawyer based on the State applicability.

Registration Process

  • 1

    Schedule Call with the Lawyer Customer discusses requirements and specifications of the MOTD deed transaction.

  • 2

    The copies of title documents of the property are uploaded by the client in the portal.

  • 3

    Lawyer drafts the MOTD deed and sends the mail to client/ Agent. On client / agent confirmation of draft & sending ID proof documents etc , proceeds to the next step.

  • 4

    Payment of stamp duty and registration fee as applicable and generate the receipt.

  • 5

    To Schedule an appointment for registration.

Deliverables

  • Dedicated Agent

    Dedicated Agent

    An agent will be assigned to you, who will guide you throughout the process.

  • Customized MOTD Deed draft within 3-5 business days

    Customized MOTD Deed draft within 3-5 business days

    Registered MOTD Deed (original) will be collected delivered promptly as per the process prevailing in each State

Frequently asked Questions

What is a Memorandum of Deposit of Title Deeds (MOTD Deed)?

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A Memorandum of Deposit of Title Deeds (MOTD Deed) is a legal document that records the deposit of property title deeds with a lender as security for a loan. It establishes a legal charge on the property, giving the lender a claim in case of default by the borrower.

Why is an MOTD Deed important for securing a loan?

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A MOTD Deed is important because it provides legal security for the lender by formally documenting their interest in the property. It ensures that the lender has a legal claim over the property if the borrower defaults on the loan.

What are the key features of an MOTD Deed?

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Key features include legal security for the lender, formal documentary evidence of the deposit, property protection, compliance with regulations, loan facilitation, and the creation of a permanent record.

What documents are required to obtain an MOTD Deed?

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Required documents include title deeds, a loan agreement, proof of property ownership, identity proof, address proof, No Objection Certificate (if applicable), photographs, authorization letters, and proof of payment for registration fees.

How does the process for obtaining an MOTD Deed work?

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The process involves uploading documents, scheduling a consultation, preparing and filing the MOTD Deed, paying required fees, and receiving the registered deed via secure delivery.

What benefits does using a MOTD Deed service offer?

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Benefits include secured loan transactions, streamlined loan processing, comprehensive document preparation, expert legal consultation, efficient document verification, seamless lender coordination, full registration handling, and transparent pricing.

How do I upload my documents for the MOTD Deed service?

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You can upload your documents securely through our user-friendly online portal by following the instructions provided during the initial steps of the process.

How long does it take to process an MOTD Deed?

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The processing time for an MOTD Deed varies depending on the complexity of the case and government verification times. Typically, it involves several weeks from document submission to final delivery.

Are there any fees associated with the MOTD Deed service?

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Yes, there are fees including stamp duty and registration fees, which usually range from 0.1% to 0.2% of the loan amount. These fees are necessary for the legal registration of the MOTD Deed.

What support is provided after the MOTD Deed is registered?

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Post-registration support includes ongoing assistance for any questions or issues that may arise regarding the MOTD Deed or its implementation, ensuring that you have continuous support after the service is completed.

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Reviews

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  • Ravi Desai

    The experience with ezyLegal for obtaining the Memorandum Confirming Deposit of Title Deeds was excellent. Their team was knowledgeable and provided clear guidance throughout the process. For someone like me living in the Middle East, their prompt and professional service was much appreciated. Highly recommended for anyone needing legal services from abroad.
  • Sneha Gupta

    ezyLegal’s service for the Memorandum Confirming Deposit of Title Deeds exceeded my expectations. Their user-friendly platform and efficient handling of the paperwork made the entire process smooth. Being based in Australia, I was pleasantly surprised by how effectively they managed everything remotely. Great job!
  • Rajesh Kumar

    I am very satisfied with the service provided by ezyLegal for the Memorandum Confirming Deposit of Title Deeds. Their team was very professional and ensured all legal requirements were met accurately. Living in Canada, I found their support and responsiveness to be top-notch. A reliable choice for any legal documentation needs.
  • Pooja Sharma

    ezyLegal provided exceptional service in preparing the Memorandum Confirming Deposit of Title Deeds for my property in India. Their attention to detail and clarity in the documentation gave me peace of mind. Their online process made it convenient for me to manage everything from abroad. Excellent service!
  • Amit Patel

    I recently used ezyLegal for the Memorandum Confirming Deposit of Title Deeds service, and I am highly impressed with their efficiency. The process was seamless, and the documentation was handled professionally. As someone residing abroad, I appreciated their prompt communication and thoroughness. Highly recommend their services for any property-related needs.

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