Learned member,
I seek your help and advice regarding a property transaction, details are below.
Elderly couple had joint ownership of a flat, husband passed away this year, widow stays in the flat currently.
couple has 2 kids, there is a outstanding loan on the property, society dues. there is a will notarized in favor of wife. i am wishing to buy this property and want to know steps for legal transfer of ownership.
1) Can 100% ownership of property be transferred to the wife? whats the process?
2) What paperwork is required from the legal heirs( kids) if any
3) seller is asking me to pay initial amout to them to pay off the loan, can i sign a legal document to protect my rights.?
thanks in advance for helping.
