Will on mortgage property
2 weeks ago
I have constructed home in my native .Home loan offered .plot is on my mother name .Loan every month am paying .Loan is joint loan .can my mother write will on my sister for this property without my notice ? What should I do to stop writting will on my sister name
A.Dear Client,
If the property is solely owned by your mother, she has the legal right to bequeath it through a will to whomever she chooses, including your sister, after her passing. As a joint borrower on the bank loan, you don't automatically gain ownership rights to the property. Attempting to prevent your mother from exercising her right to dispose of the property through coercion or undue influence could lead to legal repercussions, potentially at the complaint of your sister.
If the property is solely owned by your mother, she has the legal right to bequeath it through a will to whomever she chooses, including your sister, after her passing. As a joint borrower on the bank loan, you don't automatically gain ownership rights to the property. Attempting to prevent your mother from exercising her right to dispose of the property through coercion or undue influence could lead to legal repercussions, potentially at the complaint of your sister.
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A.Dear Client,
If the property owned by your mother is her self-acquired property, then she can bequeath that property through a will to her daughter or others as per her choice which will be effective after her demise. You being the joint borrower with your mother in the Bank loan cannot claim the ownership of that property as a matter of right. Any action (coercion, undue influence etc) from your end, debarring your mother from exercising her right or free will to dispose of the said property may liable you to face legal consequences, on the complaint of your sister.
If the property owned by your mother is her self-acquired property, then she can bequeath that property through a will to her daughter or others as per her choice which will be effective after her demise. You being the joint borrower with your mother in the Bank loan cannot claim the ownership of that property as a matter of right. Any action (coercion, undue influence etc) from your end, debarring your mother from exercising her right or free will to dispose of the said property may liable you to face legal consequences, on the complaint of your sister.
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