Co applicant rights in property

Athi Vishal HD (Querist) 23 October 2024 This query is : Resolved
Respected Sir, my uncle has purchased one property through loan. His 2 Sons are co applicant in this loan.Now my uncle has decided to sell his property. But he is not ready to give share to his sons. Since his 2 Sons are co applicant, is 2 Sons(co applicant) are eligible for their share in that property?

Follow Query

Report Abuse

T. Kalaiselvan, Advocate (Expert) 23 October 2024
Please note that the coapplicants for a loan are not joint owners of the property hence they cannot claim any share in the property as a right.

kavksatyanarayana (Expert) 23 October 2024
Yes. Your uncle's sons are co-applicants for loan purposes only but have no rights over the property. Your uncle can sell his property as he likes.

P. Venu (Expert) 24 October 2024
Why you are so concerned about the private affairs among those in another family?

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Ask Query
Unanswered Queries