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Took loan gave house as grantee how to protect my house


23-Apr-2023 (In Recovery Law)

Dear Sir /Madam As my brother took loan from government bank and my father gave grantee of my house and my bother is not paying amount to bank, can you please advise how can i safe my home need urgent help with regards

Answers (1)

Answer #1
398 votes

In case where your house has been mortgaged for loan taken by your brother, your brother is bound to make payments to the bank. In case where your brother fails to make the payment, the bank will recover the amount from the sale proceeds of your house. 

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