625+ Lawyers are online 
Son co-applicant in property purchased can i sell it without his sign
22-Oct-2023 (In Property Law)
Sir, I'm a retired Army person. I've purchased a house out of my pensionary benefits, a mortgage loan taken from Bank as co- applicants of my son. Now I wish to sale the house to settle the loan as well settle somewhere. If I distribute the amount unable to repurchase house. Is it compulsory to obtain signature of my sons while selling the house or Can I sale without their signatures. Please advise in this regard. Thanks.
Dear Sir, For cancellation of mortgage loan, your son signature signature and presence not required. Please negotiate with respective bank and the proposed purchaser to clear the loan , Banks never object that the if loan amount is recovered or paid the title owner.
Helpful?
43+
43+
Adv. Gopinath Ramanadane
Chennai | 100+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
