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Sanction of reverse mortgage loan

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Full Text of the Document

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....ed lending institution, before taking mortgage of capital asset and before disbursing any loan under reverse mortgage, shall- (a)  enter into a loan agreement in writing with the reverse ....

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Full Text of the Document

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.... Cost of improvement and the year of improvement of the capital asset; (vi) Name, address and Permanent Account Number of all the legal heirs and estate of the owner of the capital asset; (vii) ....

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