interim Relief to Pause Loan EMI
11 months ago
I have purchased a Property and builder has now sold it to another Party. I have filled a case on court so will I request Court to Give me Interim Relief by Pausing my EMI untill the Disput get settled
A.Once the property is bought through loan, you are solely responsible for repayment of said loan in terms of the loan agreement. Financial Institutes cannot be stopped from the recovery of debt from loan receivers on the ground of property
for which loan was granted is subjudice now before a Court. Because at the time of approval of loan FI found the title of the property free of encumbrance. So your prayer for withholding of EMI cannot be granted on on objection of the concerned FI.
for which loan was granted is subjudice now before a Court. Because at the time of approval of loan FI found the title of the property free of encumbrance. So your prayer for withholding of EMI cannot be granted on on objection of the concerned FI.
Helpful
Helpful
Share
Read Related Answers
Real estate agent harrassing for brokerage
Dear sir,
In many cities such illegal practice is there. You approach police and they will teach them a lesson. You need not give any brokerage.
To landlord - I am staying in this house from 6 years
Dear Client,
You can send a legal notice to the landlord and demand to repay the security deposit. In case of inaction from the landlord, you can file a suit under Order 37 of CPC before a jurisdictio...
Addition of Wife Name in new flat sale
Dear Client,
An owner who wants to add a co-owner to his property will have to do so by way of creating a new deed altogether mentioning the ratio or portion of the ownership in the property. This new...
Real estate -rera
Dear Client,
As the housing project is not registered under the RERA, you have to file a complaint against the real estate company and its directors before the District Consumer Commission under Sec.3...
Apartments terrace laws
Dear Client,
The rooftops of the Building are also known as an open terrace and a part of the common area useable for all the floor owners of the multistoried building. Legally, a Builder cannot sell...
Read Blogs on Real Estate
Real Estate Lawyers
Find Lawyers by Location
