Can my brother avail loan on the farming land after my father's demise
1 year ago
Hi folks, My father demise 1 year ago. My mother is alive. My father had ancestral property (farming land) for which he never made will. Now after 1 year of my father's demise, my brother is trying to take loan on the same land. Property is not transferred to any of the leagal heirs till now.
So can he proceed with the loan procedures without my signature? Also kindly let me know on the process of taking Stay on the land as family is misbehaving with the property matters.
A.Dear Client,
If the said property falls within the definition of ancestral property or your father was the absolute owner of that property is needed to be found and then you may consult a bank and discuss about the situation.
If the said property falls within the definition of ancestral property or your father was the absolute owner of that property is needed to be found and then you may consult a bank and discuss about the situation.
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Advocate Sinjari Bandyopadhyaya
Responded 1 year ago
A.To give opinion, it is necessary to know whether the said property falls within the definition of ancestral property and how many children your father had. It is also necessary to know whether your father was the absolute owner of that property or not.
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