Can guardian mortgage property minor's share for minor's benefit
01-Sep-2023 (In Property Law)
A mother mortgaged a property in which she is having 2/3 share and minor child having 1/3 share She had mortgaged property declaring for education purpose of minor child.I want to know whether a natural guardian can mortgage the property for the benefit of minor child?
With out permission of the concern jurisdiction court you can not sell, mortgage minor's property, if you want to mortgage minor's property for welfare of the child you need to file a Permission petition before the district court to obtain permission
Helpful?
35+
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."