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I have selected a 3BHK house for lease and will be paying rent, but the owner has prepared an agreement labeled "Agreement of Mortgage." Is this correct?
The term "Agreement of Mortgage" is usually used in loan agreements. If this document is for renting or leasing, it may not be legally correct. Consult a lawyer to ensure that the agreement is appropriately drafted and covers all the necessary terms for a valid lease. For further legal assistance contact us on our helpline number.