Registration of property
Sanchita
(Querist) 09 April 2015
This query is : Resolved
Dear lawyers,
I stay in Mumbai
In 2012,I had made an attempt to take a property in Kolkata. But cudnt make it.
The property valuation was 35L.
I paid about 7L.
My sister and parents paid the rest amount
The property has been registered in the name of my mother as this was a joint property.
Now I want to give back the amount pending to both my sister and parents by taking a loan
My queries are as follows
Is there any type of Home Loan where in I can give back the money to my parents
Jayaraj Poojari
(Expert) 10 April 2015
The query is supposed to be handled by a Banker. No solution as no legal issues involved.
Sanchita
(Querist) 10 April 2015
can anyone please suggest whether my name and my sisters name can be included in the property of my mother now.
If yes how can that be done? what are the legal formalities involved
Rajendra K Goyal
(Expert) 11 April 2015
May take loan jointly with your mother.
Alternately, your mother can gift the property to you and you can take loan for construction on it.
If no construction need to be done on the property, purchase the same from your mother (stamp duty need to be paid on full value). Take loan for purchase.
