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this subject is related to a friends matter who Needs help


26-Feb-2023 (In Property Law)
Basically I bought a house from a friend turns out the friend didn’t pay income tax and now the house I bought will be put on mortagage. What can be done in order to maintain the relation and not lose the money ?
Answers (2)

Answer #1
770 votes
Hi! You need to take a stay order against the bank from the court so that the property will remain in your possession and the property won’t be mortgaged. Did you have knowledge of the said mortgage when you purchased the property ? Let me know if you need any legal guidance in detail regarding this. Thanks!
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Answer #2
874 votes
This is my response to you: 1. You will have to personally discuss with ypur friend; 2. If negotiations fail then, you will have to issue a legal notice and accordingly take legal action; 3. Consult a local lawyer and take steps.
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