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Saturday, September 24, 2011 @ 14:09 in Indian Real Estate, Legal, Mortgage

Which is better remedy for breach of contract of mutuum with real estate mortgage?

Question asked by Mr. Vernalyn Colas:
Which is better remedy for breach of contract of mutuum with real estate mortgage- ordinary action for sum of money or judicial foreclosure of the real estate mortgage?
Thanks
Vernalyn Colas
Vatsala Answers:
You should sue for foreclosure of the real estate mortgage.
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