Legal mortgages – Singapore property for sale/ rent
In a legal mortgage, the mortgagor transfers ownership of the property that is the subject of the security to the mortgagee and it must be registered. The transfer of ownership is subject to the mortgagor’s right to redeem, which entitles the mortgagor to call for the re-transfer ownership to the mortgagor when the secured debt is satisfied. Singapore property for sale/ rent.Singapore property for sale/ rent.
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