Problem in getting home loan
LALIT KUMAR GARG
(Querist) 13 September 2012
This query is : Resolved
dear sir,
My name is Lalit Kumar Garg. I am from Firozabad (Uttar Pradesh).
I live in ancestral house which is in the name of my grand father by way of
registered family partition deed . Registration year is 1959 . I have second copy
of this partition deed .This deed is not in very good condition now.
In 1993 my grand father made a registered will in favour of my father and my
uncle.As per will half of the house of north side for my uncle and half of the house of
south side for my father.After my grand father death in 2004 my uncle and my
father has divided the house as per will. Now my uncle sold our portion in march
2012.Now half of this house of south side in my father name as per
my grand father will.
My father has died intestate in 2006 .We are four members in my family consisting
mother, younger brother and one married sister. In municipal record name of my
mother has been entered as per the will of my grand father.Prior to this change the
property is in the name of my grand father's elder brother in municipal record.
Now we are paying the municipal taxes in my mother name. After my father death
we (my family) have destroyed our portion completely and constructed ground floor
again and rennovate our portion in 2011.Now the problem is that when we(my
family) want a home loan from bank then bank officials said that they
can not give any loan on this property because of insufficient papers of property
.They want the sale deed of this property i.e actual buyer of this house(property)
prior to partition in 1959 which is not in my knowledge.Also they want the
succession certificate because my father has died intestate.There are no
dispute in my family . We want home loan for first floor construction.
Now what should i do to solve this problem so that the bank can not reject my
loan application?
I am awaiting of your valuable suggession and advice.
thanks & regards
lalit kumar garg
mob-9897292288
Anish Thakur 7018812737
(Expert) 13 September 2012
dear querist,
bank is dening loan on wrong grounds or you have misunderstood about the objection of bank.might be this is due to partioned house, if you are not getting the proper property documents then file a simple declaratory suit for it,feel free to call on 9459321520 if you have left any query.
