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RASU R   10 December 2021

Can husband sale a house to wife and apply for a loan

Last year we bought a 1200 square feet plot in the joint names of mine and my wife name. Now we built a house, shall I sale my house to my wife and get housing loan from bank


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 5 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     10 December 2021

If you have already obtained the loan, even though you sell your share to your wife the bank will not sanction the loan in my view.  Sale deed is not necessary and you may gift your share to your wife.

1 Like

RASU R   10 December 2021

No sir. we have not obtained the loan

P. Venu (Advocate)     11 December 2021

The facts, as posted, are disjointed and confusing. You as well as your eligible to get loan, depending upon your financial status and credit history. What is the necessity for selling the property to the wife?

Dr J C Vashista (Advocate)     12 December 2021

Since both of you are owners of plot, you can sell your share/ portion to your wife.

RASU R   17 December 2021

After bought the plot, we built the house now. So Now I can sale house to my wife right? if I sale the house, shall we get bank loan?

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