Definition :  

 A mortgage is the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability.

Definition :  

A right to keep possession of Property belonging to another person until a debt owed by that person is discharged.

Mortgage is created either by transfer or by act of the parties

A lien is created by way of an encumbrance only


A mortgage is an independent and principal right and not a mere security.

A lien is only a security for a debt. It is merely a right to retain possession of chattel until payment is made.


a mortgage is pre-supposes a contract between the parties

In lien, existence of a contract is not always necessary in case of a lien


The right of mortgage is vested in him conditionally and by way of security only

The right is vested in the lienee absolutely and not merely as security.


A mortgagor has an infallible right of redemption of mortgage  

In case of lien, there is nothing like redemption.


  1. Excellent and very exciting site. Love to watch. Keep Rocking.

  2. It is a great website.. The Design looks very good.. Keep working like that!.

  3. Equipment Leasing is a financial instrument which technically is not a loan. loans While it may be tough to find them, loans exist that are designed for people in just this situation.

  4. Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work! pawn shops in scottsdale

  5. I'm glad I found this web site, I couldn't find any knowledge on this matter prior to.Also operate a site and if you are ever interested in doing some visitor writing for me if possible feel free to let me know, im always look for people to check out my web site. buying instagram likes 50

  6. I read that Post and got it fine and informative. fiver seo

  7. Many people feel a sentimental attachment to a piece of jewelry. They may want to keep it as an investment or bequeath it to their children. A pawn loan is a quick and easy alternative to selling. buy gold scottsdale

  8. A Direct Deposit Cash Advance is a short-term fiscal sum awarded to you, the responsible borrower, between paychecks. A Direct Deposit Cash Advance, also known as a Payday Loan, is the quick and simple solution to all of your financial woes. Direct Deposit loans

  9. Get Fast Cash USA was started to take care of and address the issues of credit and finances of people in the entire country.We ensure all those who are really in need of a loan or credit line get what they really deserve. Get Fast Cash USA understands your financial requirements and assists you in fulfilling those needs.

  10. Buying and selling rare coins can actually be done a few ways, with pawn shops probably being one of the easier ways to do this. pawn shop in buckeye az

  11. Scottsdale Pawn Shop | Az Jewelry and Loan pawn scottsdale

  12. E. D. Marshall Jewelers | Design & Manufacture jewelry stores phoenix az

  13. Offering larger loans (up to $1 million) and the discretion of electronic transaction, online pawn shops seek to change the image of pawn brokerage and offer short-term financing to a market that has the ability to repay or at least valuables that can be resold for sizable profits. local jewelry pawn shops


See Also..