Detailed Discussion difference between mortgage and hypothecation |
Posted: October 27, 2016 |
The main difference between mortgage and hypothecation are terms that are generally used to elucidate charge on assets protected for any loan. In both the cases, the ownership lies with the lender which is the main similarity between the two. Though, these two mainly differ on the nature of asset secured, loan tenor, control of the asset and loan amount.
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