Meaning of KUDIYIRAM / PAT

KUDIYIRAM / PAT

Language - Tamil
Tamil Word - குடியிறம் / பட்
A deed or legal document by which the proprietor or landowner transfers any payments made by the tenant or mortgagee to a third party. Example: In Tamil Nadu real estate transactions, a 'kudiyirampat' might be used to assign rent payments or mortgage installments to another individual or entity, such as a creditor or assignee. This term reflects the legal and financial complexities involved in property transactions and tenancy agreements in Tamil Nadu, where the transfer of payment rights can be formalized through specific legal instruments.

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