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Procedure to register property in two names taken by loan


14-Jul-2023 (In Property Law)
Hi, I have booked a apartment, for which my whole joint family has made contribution but since my loan eligibility fits the requirement the property needs to be registered in my name and the loan will be on my name too, Is there any way I can share the ownership of my flat with my brother.
Answers (1)

Answer #1
844 votes
As per your query
Hi, I have booked a apartment, for which my whole joint family has made contribution but since my loan eligibility fits the requirement the property needs to be registered in my name and the loan will be on my name too, Is there any way I can share the ownership of my flat with my brother.
No you can't share ownership when property under lone.
As your property free from lone you can share.
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