88+ Lawyers are online 
property having bank charge though gifted to daughter
08-Jan-2023 (In Property Law)
we had purchased a property which had a bank loan outstanding,the owner daughter gifted the property to herself by a GPA of her mother (donor as well as donnee both same person) just one day before our registration ,we cleared the bank loan and took the possession of the property,does the gift deed stand though their was a bank charge on it...i am a hindu
A pending Bank loan is a charge over the property and by itself is not a bar to a gift deed or sale. You have not informed who was your vendor. Your sale agreement also needs to be looked into. you say you have purchased the property, was it a sale deed? I
Helpful?
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."
