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Loan barrowing on my father's or mother's asset


05-Aug-2024 (In Recovery Law)
Can I barrow loan by mortgaging my father's property from co op society. and act where it is explained?
Answers (1)

Answer #1
509 votes
Dear client,
based on your question yes, you can typically borrow a loan by Mortgaging property from a cooperative society but there are specific conditions such as like ownership and consent, legal procedure and documentation, loan Agreement, registration and Repayment.
Hope this answer helps you and more details feel free to contact us.
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