transfer property from father to son
Chandrabhan singh
(Querist) 19 September 2017
This query is : Resolved
Hello sir
Sir I have taken home loan as a co applicant with my father on plot which is registered to my father's name and also paying EMIs since 5 years through my account.now my father want to transfer the property to me while remaining loan duration is almost 12 years.what will be the procedure for this.
Regards
Isaac Gabriel
(Expert) 19 September 2017
Can register a gift deed in your favour.
Rajendra K Goyal
(Expert) 19 September 2017
Repeated query:
http://www.lawyersclubindia.com/experts/transfer-property-from-father-to-son-656026.asp
Kumar Doab
(Expert) 19 September 2017
Take lender into confidence.
If you alone are paying the EMI, and have credit worthiness it may agree and/or offer you other perspectives.
Your father can also think about valid WILL and preferably register it.
Kumar Doab
(Expert) 19 September 2017
Why to repeat.................?
Kumar Doab
(Expert) 19 September 2017
Dear Mr. Rajendra K Goyal, Mr. Issac Gabriel,
Regret missed to note that it is repeated query.