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Builder had taken loan after doing registery on property..


01-Dec-2023 (In Property Law)
I want to know is it possible? That after selling some property the old owner can take loan on my name registered property.. Am from old delhi..
Answers (5)

Answer #1
602 votes
Hello, No, it is not possible that previous owner can take loan against your property. And it is done by that person then you must take action against that person otherwise your property might get sold if that person does not repay the loan to the bank. Kindly contact to have conversation. Thanks Adv Pooja Marwah
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Answer #2
688 votes
hello client as i can see ur issue is a serious issue . as the issue you have defined here is seems to be big fraud is been played upon you by the seller of the property with a malafidd intension so you need to file an urgent criminal action against the old owner of the property
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Answer #3
632 votes
Hi only that person can take loan by mortgaging the property to bank or is the absolute owner after selling the property the rights seizes so it is not possible to mortgage the property after selling it for more details please be in contact with our office thank you
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Answer #4
849 votes
Good afternoon sir I have perused your query and I understand that you are seeking legal advice. However in order to guide you better, I’ll need more details from your end. Please feel free to get in touch. Regards Adv. Abhinav sharma
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Answer #5
681 votes
Your question is that can old owner can take loan against the property …the answer is no n if he has done so ..this is definitely a case of cheating n forgery …u may hire an advocate n submit the complaint asap
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