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quesCan single brother take loan on property jointly owned by 3 brothers?

There is a property in delhi which is co-owned by 4 brother. Can a single brother take loan from bank by mortgaging the property? Should i make a written complaint regarding this matter somewhere?

  • ans

    If the property has proper partition then he can mortgage the property. However if there is not partition he cannot mortgage the property.

    We suggest you to file a partition suit and along with it application for temporary injunction thereby seeking stay on the property.

    Further, you can make a written complaint to the authority from which he took the loan. 

     

  • ansIf the property has proper partition then he can mortgage the property. However if there is not partition he cannot mortgage the property.
    We suggest you to file a partition suit and along with it application for temporary injunction thereby seeking stay on the property.
    Further, you can make a written complaint to the authority from which he took the loan.

    Advocate Sudershani Ray

      Kailash Hills, Delhi

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