174+ Lawyers are online 
Procedure as to who will pay loan, seller or buyer
10-Oct-2023 (In Property Law)
i want to sell my house and buying party want to take loan for purchasing so i want to know who pay the loan and what was the procedure
Hello, time of buying the property, buyer will pay the loan amount directly to the bank and bank will acknowledge his payment. After the whole payment Bank will return back your original registration paper and they will do the needful formalities, then only you can transfer your registration to new buyer.
To avoid cheating, fraud or delay kindly make an agreement with your new buyer.
Jayatee Chatterjee
To avoid cheating, fraud or delay kindly make an agreement with your new buyer.
Jayatee Chatterjee
Helpful?
20+
20+
Adv. Jayatee Chatterjee
Delhi | 200+ Answers
CONTACT NOW
Hi,
in this case , let the buyer take loan from the bank and clear the amount to you.
Later , the buyer will keep paying EMI to the bank.
For more information feel free to have a word with me
All the best
in this case , let the buyer take loan from the bank and clear the amount to you.
Later , the buyer will keep paying EMI to the bank.
For more information feel free to have a word with me
All the best
Helpful?
18+
18+
Adv. Sahej Uban
Delhi | 500+ Answers
Chat
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."
