can I get loan on my father's property which he has gifted me
Mohammed Sohrab 06 September 2018
can I get loan on my father's property which he has gifted me
kavksatyanarayana (subregistrar/supdt.(retired)) 06 September 2018
If the property is gifted to you by your father and mutated in the records, then you are eligible to get loan subject to the requirements of the Bank.
Adv Deepak Joshi +917017821512 (Advocate) 07 September 2018
Adv Deepak Joshi +917017821512 (Advocate) 07 September 2018
Mohammed Sohrab 07 September 2018
Kumar Doab (FIN) 07 September 2018
If the gift deed was valid/registered and has conferred title upon you and mutations recored is updated then lender may agree to lend.
Obtain mutations records with all link docs.
Check with lender(s).
Kumar Doab (FIN) 07 September 2018
Usually lenders ask for consent of legal heirs so that there is NO contest to the title of secured asset..
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