This will specify the minimum conditions of creation of mortgage, including signing of mortgage deed by counter parties, exchange of title documents between mortgagor and mortgagee, registration of mortgage and any amendment with the registration authority. This section will shed light on the importance of documenting a mortgage offer through issuance of an offer letter and summarizes the contents to be included in the offer letter i.e. loan period, amount payable, mark up and details of property and correspondence addressees etc.