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swapnil gujar (Software Engineer)     30 March 2012

Advice needed on father's property

Hi All,

We have purchased a property at Ambegaon.The agreement was made on my Father's and Mother's name.Unfortunatley my father passed away.Now we have to apply for a Loan  for which my mother will be applicant and i will be co-applicant.Now , what can be done in this case? Do we need to make new agreement? Can my name be included in existing agreement?

I have two sisters, of which one is married.Do they have any right on the property we purchased?Will State Bank of India, grant me a loan considering the present scenario?What needs to be done so that  my mother and i can apply for the loan in State Bank  of India or any nationalised bank?


 



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