i want to lease my mortgaged property

Querist : Anonymous (Querist) 27 May 2011 This query is : Resolved
sir,
I have some agriculture property which is mortgaged with bank. I want to lease it out what is the process

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DEFENSE ADVOCATE.-firmaction@g (Expert) 27 May 2011
normally you have to take permission from the bank which is rarely given.

bhagwat patil (Expert) 28 May 2011
with the consent of bank u can. secondly there is a danger of btal act as it is an agricultural land.,the lessee will become a owner by sec32g

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