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Home Loan - my father has a will deed
11 months ago
I want to know that if my father has a will deed and he wants to sell this property, then on the basis of this will deed can the second party get a loan? Or if my father gifts this property to his wife, then can the second party get the loan? please suggest something.
A.Dear Sir,
If it is your father’s self acquired property you can sell it away. Further, if your father got any property under Will it becomes his self acquired property.
If it is your father’s self acquired property you can sell it away. Further, if your father got any property under Will it becomes his self acquired property.
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A.Insufficient information so nothing can be suggested. Apparently, a Deed of Will is not considered for grant of loan.
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