I married in 2007. In the year 2002, My father-in-law has purchased a land and build a house in the name of his wife i.e my mother-in-law after taking home loan from Bank of Baroda for the tenor 10 years.
He have one son and one daughter (who is now my wife) and one grandson (from his son). His Son got married in the year 2005. In the year 2006, his son had left the home with his wife and son. Today, nobody knows where he, his wife and his son are located or we don't know their status, whether they are alive or dead.
In May 2009, My Father-in-law expired due to heart-attack and TB & in the same year i.e. Nov 2009, My Mother-in-Law also expired due to heart failure. They don't left any will behind. Also, now nobody is staying in that house.
Now, the question arise due to the property left behind. Still the Home Loan (around 75000/- ) is left in BoB. So, my question is, Shall my wife can acquire the property after completing the home loan? or what should be the procedure for acquiring the property & their household items.