learning and development

Which of the following is NOT a product/report serviced by Teal?

• • Original Vetting Report

• Digital Property Search Report (DPSR)

• RERA Certificate

• Legal Due Diligence Report

CERSAI stands for:

• Central Registry of Securitisation Asset Reconstruction and Security Interest

• Central Electronic Registry of Security and Asset Information

• Central Registry of Securitisation and Asset Information

• • Central Electronic Registry of Security Interest

__________ is an asset that a borrower offers to a lender as a security in order to secure a loan.

• Collateral

• Mortgage

• Title

• Equity

Match the following service with its respective function:

1. 1. CERSAI Search Report ------------------------------- A. Legal review and opinion of property titles

2. 2. DPSR -------------------------------------- B. Securitization interests related to loans

3. 3. Legal Due Diligence Report-------------------C. Validation of physical property documents

4. 4. Original Vetting Report ----------------------- D. Comprehensive property insights

• 1. 1. - A.

  2. 2. - B.

  3. 3. - C.

  4. 4. - D.

• 2. 1. - B.

  3. 2. - D.

  4. 3. - A.

  5. 4. - C.

• 3. 1. - B.

  4. 2. - A.

  5. 3. - C.

  6. 4. - D.

• 4. 1. - D.

  5. 2. - B.

  6. 3. - A.

  7. 4. - C.

Which type of deed of mortgage is not registered in a Sub-Registrar Office (SRO)?

• Equitable Mortgage Deed

• Sale Deed

• Gift Deed

• Partition Deed

Document that best establishes the ownership of a particular property?

• Title Deed

• RERA certificate

• Property tax receipt

• Mortgage agreement

1. Which of the following checks is NOT performed as part of the DPSR

• Slum Rehabilitation check

• Unauthorized construction

• Geospatial info

• Litigation check

1. The following details are required for performing a search :

2. i. Property description which includes the address of the property

ii. Loan amount
iii. Property documents - in certain cases
iv. The client for whom the report is to be prepared.

• All of the above

• i, ii

• i, ii, iii

• i, iii

Which is the only state for which Slum Rehabilitation Authority check is performed?

• Delhi

• Gujarat

• Maharashtra

• Karnataka

Why do banks conduct due diligence before making lending decisions?

• To comply with environmental regulations.

• To mitigate risk by verifying all aspects of the property and borrower to ensure secure lending.

• To forecast future property prices.

• To identify potential buyers for the property.