Property Sucession
I have a 2 BHK flat with my name, the flat is on home loan. I want to transfer the flat to my wife name but I will be paying the loan, my wife will not be liable to pay the loan amount. How can I achieve this? What all possibilities are there?
1 Answer
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Advocate By LEAD INDIA
Answered: 08 Apr 2024
Sir, You will require your lender's approval before you can sell the property that you now owe money on. This approval is usually given in the form of a letter that includes the payment amount that will completely settle the outstanding loan. For further legal assistance contact us on our helpline number.
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