Transfer of Mortgaged property
1 year ago
My father owned house which was under mortgage in 1998 was trnsferred to me in 1999, duly agreeing to clear mortgage by me. Mortgage was also cleared by me in 2000. my father passed away in 2005. \nWhether transferring a Mortgaged property is incorrect
A.Dear client, any property which has a charge or any mortgage or loan levied on them can be legally transferred to other person. However along with the property all the right and liabilities also get transfered.
Helpful
Helpful
Share
Read Related Answers
LTCG ON SALE OF PROPERTY
Dear sir,
Section 8 of Hindu Succession Act:
====================================================================
General rules of succession in the case of males.―The property of a male Hindu dyin...
Relinquishment deed signing by sister
Dear sir,
Yes if your wife signs relinquishment deed then she will loose her share. The other party can sell the entire property. Stamp duty etc. depends upon state government rule please check sub re...
Apartment issue
Dear Client,
If there exists a registered Society in the housing complex, then you should bring the matter to the notice of the concerned Society. In case the matter is not resolved or no society exis...
Formalities to be done by landlords regarding tenants in Ghaziabad UP
Dear Client,
Few metropolitan cities across the country have made police verification of tenants with local police stations mandatory for the landlord. Cities like Delhi, Bangalore, and Kolkata are a...
Flat Purchase
Dear Client,
In addition to the above, you need to obtain the following documents:
Mother Deed
Building Approval Plan
Sanctioned Plan Copy
Water & Sewage, Pollution, Electricity Approvals
Commencement...
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
