Is there a provision in law where in one can mortgage his/her undivided share in immovable property.on the basis of family settlement.
G.L.N. Prasad (Retired employee.) 09 July 2021
You have been posting issues of undivided share in the past, it all depends on the lender. Such lending is highly risky and only sharks can lend with exorbitant interest and with such muscle power that can dictate their terms with all co-sharers and borrowers. It is legal.
shyam lal 09 July 2021
Mr.Prasad yes numerous post.,reason I have to take a individual decision since there are no HALLMARK certified lawyers on whom I can rely on.hence, sensible legal and common sense opion are been sort,thanking you.
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