How to buy property from person who doesn't have right to sell
23-Oct-2023 (In Property Law)
I(Hindus OC category) applied a loan and bank manager is fine with my salary to process the loan and manager ask me to contact bank lawyer to get legal approval. The land owner who wants to sale their property does not have a right to sold and has only non sold right until their death, and children have all right after land owner death. Due to this reason they rejected my load. Is there any possible to proceed on this? Please advise me.
There is no legal remedy against this. You can only purchase a property from its rightful owner who has the title over the property. the loan can only be approved by the bank after you clear all the formalities and unless you do that your loan cannot be approved.
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