Meaning of JANMA / JANMPONNAIYAN

JANMA / JANMPONNAIYAN

Language - Tamil

Tamil Word - ஜன்ம / ஜன்ம்பொன்னையன்

A mortgage with possession, where the mortgagee (lender) takes possession of the mortgaged property until the loan is repaid. Example: In historical Tamil Nadu land transactions, a 'janma/janmponnaiyan' arrangement might allow the lender to occupy and utilize the mortgaged land until the borrower fulfills their debt obligations. This term highlights a specific type of mortgage agreement in Tamil Nadu, where possession of the property served as a form of security for the lender.