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How to consider my father's house property into my assets in Bank
21-Sep-2023 (In Banking / Finance Law)
'How to consider my father's house property into my assets in Bank for Home Loan applicability ? As this proeperty is inherited & later my father has paid his four siblings part & currently the house has the ownership of my father with Sale -Deed & Patta.
Since the property in question is registered in your father’s name in present, You can get make him a guarantor by getting a deed of guarantee exectued in your favour. The property will be shown as a security.
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Adv. Kartikeya Sharma
Jaipur | 25+ Answers
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As a guaranted your father put his property paper in bank and bank has taken no objection from remaining siblings for any kind of issue .and bank give you loan for any kind of business .but you can not take mortgage loan on behalf of this property .
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Adv. Rajesh Sharma
Jaipur | 25+ Answers
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