Tag : property

Commercial Loan Calculator – Interst Only Commercial Property and Bussiness Loans #business

#business loan calculator

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Commercial Loan Calculator

Calculates commercial property loan and business loan repayments, total costs, fees, exit costs with monthly, fortnightly, weekly and interest only mortgage repayments.

  • Default calculation is “interest only” and monthly repayments over 15 years. Adjust values to suit your calculation.
  • When changing the repayment frequency repayments automatically change to principle and interest payments.
  • Calculate real annual interest rate for your loan based on interest rate and fees paid.

  • If you require help with commercial loan calculations or anything related to commercial finance please click the button below for assistance.

    1. Loan Amount – Estimate of how much you would like to borrow – not sure find out how much you can borrow

    2. Number of Years – Enter the number of years to pay the loan

    3. Fixed or Intro Term (optional): Insert the fixed rate term in years or the introductory rate or honeymoon period. Expressed in years

    4. Fixed or Intro Term Interest Rate (optional) – Insert the fixed interest rate term or the introductory rate or honeymoon period.

    5. Ongoing Interest Rate – Insert the interest rate. If there is a fixed or introductory period insert the interest rate after the period has ended.

    6. Repayment Frequency – Choose monthly, fortnightly, weekly or interest only and the repayments result will reflect your repayments for that period. Note that interest only payments are calculated per month. Click the following link if you would like to use a specific interest only mortgage calculator.

    7. Application Fee – Insert the total upfront fees for the loan

    8. Monthly Fees – Insert the ongoing monthly fee if applicable to the loan

    9. Yearly Fees – Some lenders charge an annual fee for loans

    10. Discharge Fees and or Early Exit Fees – Most lenders charge an discharge of mortgage fee between $150 and $900 when your mortgage has been discharged. Insert early exit fee penalties if you discharge your loan within the first 3 to 5 years.

    11.Total Fees – This includes all the upfront, ongoing and exit fees associated with your loan.

    12. Intro or Fixed Repayments- This is your monthly, fortnightly, weekly or interest only repayments for a fixed rate loan or introductory rate loan

    13. Ongoing Repayments – This is your monthly, fortnightly, weekly or interest only repayments for the loan. If there is a fixed or introductory period then these are the repayment after the period has expired.

    14. Interest Paid – This is the total interest paid over the term of the loan without making extra repayments, interest rate changes or using an offset facility.

    15. Total Cost of Loan – This is the total cost of the loan and it includes all the upfront, ongoing and exit fees for that loan.

    16. Comparison Rate – As described above

    This is an estimate only. It is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a quote. Results are based on amortised scheduled repayments and, once any discount or fixed rate period expires, applies the current variable rate for the remainder of the loan term. All applications for credit are subject to lenders normal credit approval criteria.

    • Commercial Loans
    • Home
    • Commercial Property Loans
    • Business Loans
    • Development Finance
    • Low Doc Commercial Loans
    • Car Lease
    • Equipment Finance
    • Commercial Loan Lenders
    • Commercial Loan Brokers
    • Commercial Loan Calculators
    • Commercial Loan Calculator
    • Comparison Rate Commercial Loan Calculator
    • Interest Only Loan Calculator
    • Business Loan Calculator
    • Commercial Loan Quotes
    • Commercial Property Quotes
    • Low Doc Property Quotes
    • Business Loan Quotes
    • Car Lease Quotes
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    Need Help?

    If you need help with a product or need more information we have lender representatives Australia wide that can help you with your enquiry.

    About us

    Smart Search Finance is an Australian mortgage comparison website that helps you find products best suited to your lending needs. We compare home loans, investment loans, Self Managed Super Funds (SMSF) and commercial loans from a wide variety of lenders.

    With access to hundreds of lenders and their representatives offering more than 3,000 products. We have one of the most comprehensive listing of mortgage based loans on the Australian mortgage market.

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    If you require assistance relating to home loans, invetment loans, commercial finance or any questions about this website please feel free to contact us



    United Heritage Insurance, united property and casualty insurance co.#United #property #and #casualty

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    united property and casualty insurance co

    Our hearts go out to those affected by Hurricane Harvey. In response to the devastation that has occurred and continues to affect our policyholders in Texas and Louisiana as a result of Hurricane Harvey, United Heritage Life Insurance Company is adopting the following policy regarding premium and loan payments.

    1. We will allow customers in Texas and Louisiana who reside in the counties and parishes that were declared major disaster areas according to the Federal Emergency Management Agency (FEMA) the option of deferring loan and/ or premium payments penalty free for sixty days. The tolling period will begin on the premium due dates beginning on August 23, 2017. Any policy that is currently in lapse pending status or moves into that status in September will be granted an additional 60 day period from the special offer date forward before a lapse will occur. After that extended 60 day window has expired, premium and loan payments will have to be brought current, or the policy will expire. Deadlines for response to claim or information requests will also be granted a 60 day extension if necessary to comply. If necessary, we will modify these procedures to accommodate changing circumstances as we become aware of our clients needs.

  • We will also work with individuals who may need additional assistance in maintaining their insurance coverage. Our only request is that they contact their agent for special assistance or contact our Client Service Department to set up a mutually agreeable and reasonable arrangement to maintain coverage. We have two dedicated contact options for Harvey victims; a toll free number and an email address:
    • Toll Free 1-866-573-3928 or:
    • by email [email protected]
  • If additional counties or states are affected by the current storm track or are added by FEMA we will add any necessary accommodation for policyholders that is needed to assist them in maintaining coverage.
  • As Hurricane Irma intensifies and moves toward the United States, we want to assure our clients that we are prepared to follow these same guidelines for their policies with United Heritage.

    May God bless the victims and families of these Hurricanes.

    United property and casualty insurance co

    Dennis L. Johnson

    President and CEO, United Heritage Life Insurance Company

    United property and casualty insurance co



    Pedro Cassiano Santos, Partners, Team, Who We Are – Vieira de Almeida,

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    Pedro Cassiano Santos

    Partners

    Academic background
    Law Degree, University of Lisbon, Faculty of Law.
    Post-graduation in European Legal Studies, College of Europe, Bruges, Belgium.

    Teaching chairs
    Guest Professor/Lecturer at the Catholic University of Lisbon (Asset Backed Securities lecture on the LLM and Post-Graduate programmes 2008/2011) and at the Institute for Banking Management (Instituto Superior de Gest�o Banc�ria) (Banking Supervision lecture 2010/2011).

    Professional experience (VdA)
    Pedro joined Vieira de Almeida & Associados in 1989 and is currently the head partner in charge at the Banking & Finance area of practice taking responsibility for clients and transactions of the financial sector. He is regularly involved in the provision of legal advice in banking and capital markets’ regulatory matters as well as in the structuring of several financing transactions, such as the issue and placement (both national and international) of debt, hybrid and equity instruments, and the issue and placement of warrants and both cash and synthetic financial products. He has also been actively working in securitization transactions and other types of asset-backed transactions, together with the preparation of structured finance transactions, matters in respect of which he is a regular speaker in conferences and a guest teacher of many Masters and Post Graduate courses organized by distinct Institutes and Universities.

    Published works
    Author of various publications on matters within his fields of expertise, namely:

    “Securitization in Portugal”, Asset Finance International – Mar�o 2000�

    “The Portuguese Securitisation market”, Global Securitisation Review – 2003/2004

    “2003 a landmark year for Portuguese securitization”, IFLR – The 2004 Guide to Structured Finance – 2004

    “Public Sector Securitisation in Europe”, Global Trade and Finance Series – Securitisation of Derivatives and Alternative Asset classes Yearbook 2005

    “Sovereign Securitisation in Europe”, International Banking and Finance Law Series, Innovation in Securitisation Yearbook 2006

    “Reform heralds new era for mortgage bonds”, IFLR Structured – 2006

    “The Portuguese CMBS Markets – Mortgage-Covered Bonds: a brave new tool”, Commercial Mortgage-Backed Securitisation Developments in the European Market – 2006

    “The impact of Basel II, Portugal Structured Finance”, IFLR Supplement

    “Financial Regulation, International Briefings”, IFLR – Outubro 2007

    “Portuguese Capital Markets – Overview and future prospects”, Legal Week – 2010

    “Portugal”, The Banking Regulation Review, Law Business Research – 2011�to 2014

    And co -author of various publications on matters within his fields of expertise, namely:

    O Mercado Portugu�s da Titulariza��o de Cr�ditos: Diversifica��o e Maturidade”, Instituto dos Valores Mobili�rios – Direito dos Valores Mobili�rios, Separata do Volume VI – 2006

    International Acquisition Finance – Portugal, European Lawyer (Hendrik Haag) – 2008

    Member of
    Admitted to the Portuguese Bar Association and admitted as specialist in financial law.

    Languages: English, French, Spanish



    Automobile Insurance #caa, #members, #caa #connect, #home #insurance, #auto #insurance, #property #insurance,

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    Automobile Insurance

    You trust CAA with your Roadside Assistance, so why not your car insurance? Since 1974, CAA Insurance has provided Canadians with great coverage, outstanding claims services and competitive rates on auto insurance.

    Forgive Forget . It’s another way to show we care.

    With the Forgive Forget plan from CAA, you can protect the rates and good driving rating you’ve earned over the years. Which means, in the event of your first at-fault accident, you’ll experience no change in your driving record.

    Learn more about Forgive Forget program here .

    Do you believe in snow tires?

    Most of the drivers in Northern & Eastern Ontario do and having the right tires on your vehicle during the cold and icy winter months is a must.

    CAA Insurance recognizes the importance of snow tires and offers a 5% discount on your CAA Auto insurance when installed on your vehicle.

    Learn more about why winter tires are important, and how much you can save here .

    May the Best Driver Save!

    Welcome to the future of car insurance. Telematics—made possible by a small device that can be either built-in or plugged in—uses an integration of wireless communications and information technology to track your vehicle’s usage.

    With this new technology, personal insurance rates can be calculated based on kilometres driven, frequency of car use and driving habits, rather than you being lumped into a category reflecting demographics.

    Click here to learn more about how you can save, what the device is, and how the data it collects can help to promote safer driving habits for all the drivers in your household.

    Bundles of Savings

    CAA Members know that Membership is rewarding – and CAA Insurance is no exception. As a Member, you’re automatically entitled to a discount on Auto Insurance of up to 20%. And the savings don’t stop there. Insure two or more vehicles and save an additional 15%.

    Bundle your auto and property insurance and you’ll save another 5% off your Auto Insurance as well as complimentary CAA Legal Coverage and CAA Tire Coverage at no additional cost!

    Toys. We Insure Toys.

    Got toys? CAA Insurance is one of only a few insurance companies in Ontario offering ATV Insurance.

    To learn more about ATV Insurance click here .

    Get Your Quote!

    So why not see what CAA can save you today? Home Auto insurance are very large expenses in the average household budget, and your CAA Membership can potentially save you lots. Each of our Travel Stores have Home Auto Insurance agents onsite, and CAA Insurance also has a call center ready to provide you a no-obligation quote. Prefer to do this online? From the couch? No problem.

    Auto Insurance and CAA Tire Coverage are underwritten by CAA Insurance Company
    Certain conditions, exclusions and underwriting eligibility rules apply.
    ™CAA Connect is a trademark of the Canadian Automobile Association.
    Vehicle compatibility and enrolment in CAA Connect are subject to terms and conditions. Maximum discount while enrolled in the CAA Connect program is 15% on renewal after one year.
    To qualify for the CAA Member Loyalty Discount, you must be a current CAA Member in good standing (CAA Membership dues paid in full by membership expiry date). Eligible CAA Members may qualify to receive a Member Loyalty Discount based on membership tenure and Roadside Assistance usage.
    CAA Legal Coverage is underwritten by DAS Legal Protection Insurance Company Limited. CAA Legal Coverage is complimentary on home policies where there is a multi-line auto. Please see policy wordings for coverage details. Coverage is subject to terms, conditions and exclusions for the LEI policy



    Niche Insurance Specialists – Car and Property Insurance Brokers #drink #driver #insurance,

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    At GSI Insurance Services (Southern) Limited, we firmly believe that we can offer our most competitive insurance prices by tailoring each quote to suit your individual needs. From listed building insurance to drink driving insurance, we can help!

    Whether you need to cover your Home and Contents, Private Car, Van or Motorbike, we have the cover for you at a price you will like! Our dedicated staff will do their best to find you the most competitive premium possible whilst providing the levels of cover and service you expect. Our service to you includes:

    Tailored quotes, especially for you!
    Up to 75% No Claims Discount available
    Monthly payment options
    Personal service from our UK call centre
    CALL US NOW* at our Whitstable office on 0800 612 9376 and let our expert staff individually tailor your quotation to suit your needs. We will go the extra mile to get you the quality insurance you deserve at the most competitive premium possible. Alternatively, complete your details on our online motor quotation form and see how low your quote can go!

    *Our lines are open between 9am and 7pm Monday to Friday and between 9am and 2pm on Saturdays

    Insurance made easy!

    Search our panel of top UK car insurance providers to save you time and money!
    Personal service, we pride ourselves on customer care and satisfaction.
    Discounts available for; Young Drivers, Second Cars, claim free drivers, 12+ months vehicle ownership and local customers.
    Specialise in the following areas; young drivers, convicted drivers, drink drive insurance, prestige cars, black box schemes, classic cars, local drivers.
    CALL US NOW* on 0800 612 9376 or complete our quick form and we’ll call you back!

    *Our lines are open 9am-7pm Monday to Friday and 9am-2pm Saturday.

    Insurance made easy!

    Compare quotes from our wide panel of insurers to find our cheapest price.
    Personal service, finding you our best possible levels of cover.
    Generous discounts available for claim free customers, second policies and local customers.
    We tailor your policy to cover all types of buildings and contents insurance including; Buy to Let, Unoccupied Property, Subsidence, Standard Building and Contents, Home Insurance with Flooding, Holiday Home Insurance, Listed Building Insurance, Non Standard Construction, Thatch Property, Working from Home Insurance and Home Insurance with Claims.

    CALL US NOW* on 0800 612 9376 or complete our quick form and we’ll call you back!
    *Our lines are open 9am-7pm Monday to Friday and 9am-2pm Saturday.

    Insurance made easy!

    As a broker we can search a wide range of insurance providers, doing the leg work for you.
    We have access to underwriters and our Business Insurance Team is trained to negotiate the best possible levels of cover and cheapest possible price.
    We have access to great rates for; Public Liability Insurance, Employers Liability, Professional Indemnity, Tools of Trade, Business Equipment, Motor Trade, Fleet Insurance and Commercial Vehicle Insurance.
    If you have a Commercial Property to insure we can cater for; shops, offices, pubs, hotels, restaurants, surgerys and many more!

    CALL US NOW* on 0800 612 9376 or complete our quick form and we’ll call you back!
    * Our lines are open 9am-7pm Monday to Friday and 9am-2pm Saturday.

    Insurance made easy!

    According to official European statistics, there are some 1.7 million small and medium sized enterprises in the UK, accounting for 17.7 million of the working population and representing no less than 99.7% of all businesses in the economy. Not only do these figures convey the considerable economic importance of SMEs, they also illustrate the incredible [ ]

    The 24th of April marked the day when new traffic legislation came into force which could potentially affect every motorist in the land – yet the changes seem almost to have gone unnoticed. The changes relate to the penalties you may face if you are caught speeding and, in some cases, may rise by up [ ]

    You know you need it, but the premiums you have to pay for your landlord insurance have a way of cutting into any profits you earn from your buy to let business. We have written before about saving on the cost of those premiums, but here are some further reminders, tips and suggestions for doing [ ]

    Here are our answers to some of the FAQs we receive on the subject of unoccupied property insurance. We’d also recommend though that you read our GSI-Insurance Guide to Unoccupied Property Insurance which contains more detail. Why doesn’t my buildings policy cover my property when it’s unoccupied? This is a slight misconception because in fact, [ ]

    GSI Insurance

    Authorised and Regulated by the Financial Conduct Authority (FCA), under reference: 437959 GSI Insurance Services(Southern) Limited is a Limited Company registered in the UK under number: 5487502

    © GSI Insurance Services (Southern) Limited 2013. All rights reserved. Site by: Black Pixel



    Commercial Finance #commercial #mortgage, #business #loans, #property #development #funding, #retail #finance, #bridging

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    Commercial Finance | Whiterosefinance.com

    Property, Business Purchase & Buy 2 Let Investments. Up to 75% of Property / Business value. Specialists in Pub, Hotels, Offices, Manufacturing & Retail Premises. Special deals for sitting tenants.

    Funding for residential and commercial new build and refurbishment projects. Up to 100% of the total funding requirement can be provided in many cases – call us today funding still available .

    POS Retail Finance, Loans for Leasehold Business Purchase, Loans for shop equipment, Cash Advances against Debit and Credit Card Transactions.

    Low Cost Home-Mover ‘GAP’ Bridging Finance from just 6.5% p/a. Non-status and investor loans from just 0.75 % per month flat rate. Quick to organise we can have funds to you in days.

    Flexible, tax efficient and low deposit solutions to aquire any business asset / machinery or vehicle. Sale and Leaseback of existing owned assets to 80% of market value.

    Poor cashflow, late payers. Affordable Factoring Invoice Discounting can significantly assist cash in to your business and reduce / redirect overdraft facilities. New start business welcome.

    Innovative and Cost Effective financial solutions.

    Throughout the major changes experienced in the UK financial markets over recent years we continue to deliver innovative funding solutions for our clients.

    Providing the skills and expertise to ensure a positive lending decision is our core strength and we achieve a very impressive success rate for our clients.

    Even if your own Bank has refused to support there is every chance we can offer a solution.

    We work at a senior level with over 200 UK based alternative lenders across a broad range of Products and Services.

    Contrary to popular belief, funding is still available for well supported and professionally presented cases.

    Interest rates and terms can be very competitve with fast decisions and decisive action to get the required funds to you in the fastest possible time.

    We will quickly assess your funding requirement and can very often be in a position to offer indicative terms the same day.

    Working with us will greatly improve the chances of your funding requirement being approved.If it can be funded we will secure the finance for you – guaranteed.

    Please get in touch and allow us to demonstrate what service and choice really mean.Contact our team today for free confidential advice, without obligation.

    Quick enquiry

    Call us today

    Telephone White Rose Finance on 0845 838 1954.

    White Rose Finance Group Ltd, No 1, Abbey Court, Benedict Drive, Selby, YO8 8RY
    Tel. 0845 838 1954 | Fax 01757 700 963

    Commercial Finance | Whiterosefinance.com

    White Rose Finance Group are Credit Brokers, Authorised and Regulated by the Financial Conduct Authority (FCA). Reference Number – 630772

    PLEASE MAKE BORROWING DECISIONS CAREFULLY, YOUR HOME OR PROPERTY MAY BE AT RISK
    IF YOU CANNOT KEEP UP AGREED REPAYMENTS ON ANY LOAN OR MORTGAGE SECURED ON THAT PROPERTY.



    Management Fee #cornerstone #property #management #blog, #cornerstone #property #management


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    Management Fee

    We charge two fees and two fees only.

    1. To rent your property we charge ½ of the 1st month’s rent. You pay nothing in advance. We take our fee from the move-in monies. You do not pay for advertising or other charges related to renting your property.

    2. For continued management we charge a percentage of the rent collected. That percentage will vary with the type of property and the rent amount. It will range from 5% to 8%. For most single family properties the percentage is usually 6%.

    How do our fees compare to other Management Companies?

    Most companies charge a fee to rent the property. In some instances it is a flat fee. It is usually 1/2 of the 1st month s rent. The same as our fee. If it is lower it is most likely that they have other fees or charge a higher monthly percentage. Be sure to find out all of the possible charges.

    All management companies charge a percentage of the rent ranging up to 10%. Our fee levels are very competitive.

    Fees many other companies charge that we do not :

    * Set-up fee
    * Renewal fee
    * Move-out fee
    * Maintenance oversight fee
    * Mailing
    * Phone
    * Printing
    * Court appearance
    * Advertising

    Management Company vs Traditional Real Estate office

    A traditional Real Estate Agent generally works with buyers and sellers. These agents can also list property for rent. They usually charge 6% of the firsts year s lease. They will list your property in the MLS (Multiple Listing Service). They and other agents can show your property. If another agent secures the tenant, the two agents will split the commission. These agents generally are not interested in the continuing management of the property on a monthly basis. After a tenant is secured, they will turn the property over to you and you will be the one dealing with the tenant.

    Your other option is a Property Management company like ours. We will rent your property and continue to manage it on a monthly basis. We will be your agent dealing directly with the tenant so you do not have to. Management companies generally have more experience in the tenant screening process.

    We manage rental property throughout the San Gabriel Valley, Pomona Valley, and the west side of the Inland Empire including:

    Official City Homepages are listed below:

    Tough market to sell in? Maybe renting your property with the help of a Property Manager is the answer.

    (We go further out for large properties with on-site managers.)

    The information on houses, apartments, and condominiums for rent is free on this website. With our permission, we have authorized the property information you will find on this site, particularly information on houses, apartments, and condominiums for rent, to be found on other rental websites offering property for rent. We make no promises as to the accuracy of the information you find on these other websites. Using the rental and property management information provided on this website, including information on houses, apartment, and condominiums for rent, is strictly prohibited without our express permission. That includes use on websites selling rental information, providing free rental information or lists, or publishing the information in any way.

    Contact Info:

    Cornerstone Property Management
    1756 Arrow Hwy. / P.O. Box 984
    La Verne, CA 91750

    Phone: (909)596-9488
    Fax: (909)596-1455

    Areas we serve:

    Most of the San Gabriel Valley, Pomona Valley, and the west side of the Inland Empire including:

    * La Verne
    * San Dimas
    * Glendora
    * Claremont
    * Azusa
    * Covina
    * West Covina
    * Pomona
    * Montclair
    * Upland
    * Ontario
    * Chino
    * Chino Hills
    * Diamond Bar
    * Walnut
    * Rancho Cucamonga
    * Alta Loma

    (We go further out for large properties with on-site managers)



    Orange County – Huntington Beach CA – Costa Mesa California Property Management

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    W elcome to Orange County Property Management On-line. This Site is to help prospective tenants and property owners understand why Orange County Property Management is the right choice.

    From this site you can view the current selection of rentals that we have to offer here in Southern California, information about our property management services, and up-to-date legal matters you should know between tenant landlord relationships.

    If you are considering one of our rentals or just want some information about our services, please feel free to E-mail us so we can provide you the quality service you deserve. Orange County Property Management looks forward to helping you to make your decision an easy one when choosing management companies.

    By choosing Orange County Property Management you will be getting a qualified and professional management company at an affordable rate. Orange County Property Management manages a wide variety of rental properties throughout Southern California including single-family homes, condos, apartments, office buildings and commercial centers.

    Orange County Property Management’s comprehensive management service is delivered by a professional management staff that will allow you the freedom you are looking for when hiring a management company. Using our services, you will feel confident that your property(ies) and tenants are getting the care that is needed.

    Our goal is to create and maintain the financial success of your property(ies) while freeing you from the day-to-day management tasks. You will find that Orange County Property Management is well versed in handling all challenges of today’s real estate portfolios. With a strong management company, you can enjoy the benefits of being a property owner without the headaches that sometimes accompany the management of your investment.

    Orange County Property Management is known locally as the market leader and many renters look to us first. Our marketing program, combined with our dominant position in the rental management marketplace increases exposure for your rental property. As a result, we are able to consistently rent properties priced at current market rates to qualified tenants within a short amount of time

    Being one of the largest property management companies, we understand that placing the right tenant is the single most important step in the process. Our rental applicants are thoroughly screened by running industry-specific credit reports and by verifying employment and previous rental history.

    There are many management companies out there that have try to mimic our name and the services that we provide, but there is only one Orange County Property Management, Inc. A family owned management company that is proud of its distinction, and believe that its reputation stems from an ability to blend the professional disciplines of skill and expertise with the old-fashioned values of hard work and integrity. Our focus on comprehensive service, combined with a proven track record of success, has enabled us to build a solid foundation for our continuing growth. With strict attention to detail, we are committed to providing personal attention and a timely response to YOUR needs.

    The purpose of Orange County Property Managament is to maximize the YOUR investment objectives, and to provide superior real estate management services. I encourage you to investigate what so many others have already found to be the most comprehensive and trustworthy property management company available.

    Areas Served:



    Allstate Insurance Agent: Chandler Insurance Group in San Marcos, TX 78666 #allstate

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    Allstate Insurance Agent: Chandler Insurance Group

    Contact my Agency to get a Quick, Personalized Insurance Quote Today! A great rate is just a call or click away.

    As a Personal Financial Representative in San Marcos, I know many local families. My knowledge and understanding of the people in this community help me provide customers with an outstanding level of service. I look forward to helping families like yours protect the things that are important – your family, home, car and more. I can also help you prepare a strategy to achieve your financial goals. insurance,auto insurance,car insurance,home insurance,insurance agency,life insurance,insurance agent,auto insurance companies,business insurance,local insurance agency,insurance agent,insurance companies,annuities,retirement,college savings plans,allstate insurance

    Contact my Agency to get a Quick, Personalized Insurance Quote Today! A great rate is just a call or click away.

    Additional Business Details

    Categories: Insurance Services, Home & Property Insurance, Homeowners Insurance, Car Insurance, Life Insurance, Burial Insurance, Property Rental Insurance, Business Insurance, Annuities, Insurance Agents & Brokers, Boat Insurance, Motorcycle Insurance, Property Insurance

    Car Insurance Brands: Allstate

    Mobile Home Insurance Brands: Allstate

    Life Insurance Brands: Allstate

    Health & Accident Insurance Brands: Allstate

    Insurance Agent & Broker Brands: Allstate

    Payment Methods: Mastercard Accepted, Discover Accepted, Visa Accepted, American Express Accepted, Debit Card Accepted

    Hours: Mon-Fri 8:30am-5:30pm, Sat 9am-12pm

    Neighborhoods: Downtown Association



    Understanding the encumbrance certificate – The Hindu #encumbrance #certificate, #mortgage, #property #deals


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    Just In

    • 6hrs All Bodo Minority Students’ Union president shot dead in Assam’s Kokrajhar
    • One senior Cong. leader in charge of each State
    • Bhangar leaders vow to intensify protest against power grid
    • Manufacturing PMI at 47.9, records steepest contraction since Feb. ’09
    • Medical devices to carry MRP on packs from January 1, 2018, says govt.
    • Why NOTA option, asks Ahmed Patel
    • Pushpa Bhargava, Scientist And Activist, Dies At 89
    • Pence pledges support for Georgia, condemns Russian moves
    • Rajya Sabha passes RTE amendments
    • Govt. attacked over LPG subsidy and Kamal praises fans for expose: Top 10 stories of August 1, 2017
    • Rahul Gandhi meets NHAI officials over acquisition for widening NH-56
    • Panel to draft data protection Bill, Supreme Court told
    • Varun Gandhi questions MPs’ right to hike own salaries
    • Nitish connived with BJP to lodge cases against me, says Lalu
    • We are keeping a close watch on K.L. Rahul: Shastri

    Understanding the encumbrance certificate

    • 6hrs All Bodo Minority Students’ Union president shot dead in Assam’s Kokrajhar
    • One senior Cong. leader in charge of each State
    • Bhangar leaders vow to intensify protest against power grid
    • Manufacturing PMI at 47.9, records steepest contraction since Feb. ’09
    • Medical devices to carry MRP on packs from January 1, 2018, says govt.
    • Why NOTA option, asks Ahmed Patel
    • Pushpa Bhargava, Scientist And Activist, Dies At 89
    • Pence pledges support for Georgia, condemns Russian moves
    • Rajya Sabha passes RTE amendments
    • Govt. attacked over LPG subsidy and Kamal praises fans for expose: Top 10 stories of August 1, 2017
    • Rahul Gandhi meets NHAI officials over acquisition for widening NH-56
    • Panel to draft data protection Bill, Supreme Court told
    • Varun Gandhi questions MPs’ right to hike own salaries
    • Nitish connived with BJP to lodge cases against me, says Lalu
    • We are keeping a close watch on K.L. Rahul: Shastri

    CLOSE

    Understanding the encumbrance certificate

    All the details of any transaction on the property will be listed in it. It is important for you to get this certificate if you plan to buy the property or take a home loan, says Preenand P.

    An encumbrance certificate is evidence that the property in question is free from any monetary and legal liabilities. It is evidence that the property can be sold as a free title and the ownership will come to you without any associated baggage.

    This is a document that you will be able to procure from the registration authority’s office.

    It is your assurance that the property you are about to invest in is clear of any legal dues and has a marketable title.

    Encumbrance is simply a reference to any liabilities in the form of a mortgage or a loan against the property that has not been cleared. The encumbrance certificate is provided from the sub-registrar’s office where the particular property is registered.

    All the details of any transaction on the property will be listed in it. It is important for you to get this certificate if you plan to buy the property, take out a home loan for it or take a loan against it. In all cases, governmental authorities will insist on a 13-30 years encumbrance certificate.

    When issued, the information will pertain only to the period that is specified and not more. All the details mentioned in the certificate will be based on the extract from the register with the sub-registrar. This in turn is based on the documents that the registrar had registered with him.

    There are, however, a few documents that need not be registered and the essence of these will not be present in the encumbrance certificate. Such documents that are excluded do not fall under the scope of the Registration Act 1908.

    These excluded documents are the equitable mortgage papers, where all the original documents are kept with the bank and are not registered with the registrar’s office.

    There are also testamentary documents and leases which are for a period less than a year. Some other documents that can be excluded are related to oral tenancy, tax liabilities as well as prior unregistered agreements like documents based on a family arrangement or an unregistered will.

    You need a ‘no encumbrance certificate’ if you want to mortgage the property for a loan. If you want to get your certificate you will need to apply for it with a Form 22 with a Rs. 2 non-judicial stamp affixed.

    This is addressed to the tahsildar and will have to provide the residential address and the purpose for which the certificate is needed.

    You will also need to

    * Attach an attested copy of your address proof.

    * Mention all the title details, the ownership details and survey number etc.,

    * Mention the period, give a detailed description of the property, the area it covers and all the boundaries.

    * The fee applicable is on a per year basis. Any fraction of the year is considered a complete one.

    15 to 30 days required

    All of this has to be submitted at the jurisdictional sub-registrar’s office. In turn the tahsildar will request a report from the Patwari on the particular property.

    If the property is clear, and the enquiry conducted comes out clean then the “no encumbrance certificate” is provided. It generally takes between 15 to 30 days from application to receiving your encumbrance certificate.

    You will get your encumbrance certificates either on Form No 15 or Form No 16.

    Encumbrance Certificate on Form No. 15 will contain a record of sale, lease, mortgage, gift, partition, release etc. All of this will have to be registered with the competent authorities and placed on record in Book I that is maintained by the registering authorities for the specific period that the certificate is being asked for.

    You will get your encumbrance certificate in a Form No. 16 only when there is nothing by way of transactions for the time frame that the certificate is being sought for.