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MS   19 February 2016

Co-applicant during home loan closure

Hi,

I would like to know if the coapplicant must also be available while collecting the original documents from bank after Home Loan Closure. PLease responsd after going throught the below points.

  1. Me and my coapplicant are legally seperated for 6 years now
  2. The divorce statement clearly mentions - My co-applicant does not have any rights or ownership on any of my property.
  3. The house is in my name only.
  4. The EMI and the total loan amount paid so far has been debited from the Account for which I am the single account holder.

Regards,

MS

 

 



Learning

 1 Replies

Subash M R (Advocate)     19 February 2016

In your case, bank can not release original property documents to you without your ex-wife's authorisation to it.

Thanking you,      


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