Noc from co-owner for mortaging land for home loan


One of the two co-owners of an arazi sold me his part of arazi. I am mortaging this land for hame loan against property.

Bank officials are asking for  an NOC from second co-owner. In sale deed all details of land bought is clearly shown with the map.What is the need for this NOC? In what kind of legal situations it can be used?

 
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legalquestadvisor@gmail.com

Dear Ashwini, 

Your querry can be clarified only after verification of contents of the documents, which were executed earlier.  

 
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