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?
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.
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.
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.
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