The Full Form of MODT is Memorandum of Deposit of Title.
If you seek a home loan, be aware of Memorandum for Deposit of Title Deed (abbreviated as MODT). What is MODT? A MODT is an undertaking given by home loan borrowers stating that they have deposited the title documents with lenders. It is applicable to all types of home loans today.
MODT
means
Memorandum of Deposit of Title
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