Family dispute on account ownership
Shama
(Querist) 07 September 2009
This query is : Resolved
Respected people.
We need your help. As my question was initially answered, i seek similar help from you people.
My flat is on loan and my father helped me as a co-applicant but not being the second owner or so. To solve this dispute can i transfer my house /power of attorney in my wifes' name, as i trust her completely that she will not throw my parents from the house, but i cant trust my father for same in the vice-versa situation. Please help me and show me what process should be followed so as to transfer the property on loan in my wife's name.
Regards,
Shama Ahmer Shaikhriven
s.subramanian
(Expert) 24 August 2010
Yes. You can transfer it to your wife's name.