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Minor's property2

(Querist) 19 September 2017 This query is : Resolved 
I purchased a house in 1995 which was on name of minor. His father sold it without court permission. Can minor claim the property now. He was 12 years old in 1995. He didn't claim but I can't get loan on house.
Bharat shah (Querist) 20 September 2017
Please suggest.
P. Venu (Expert) 20 September 2017
Why is the loan refused? If a public sector bank, get the information under RTI.
Guest (Expert) 20 September 2017
Legally he cannot make any claim now More Over.It is more than 12 years now after he had attended major.
Guest (Expert) 20 September 2017
For your satisfaction you could transfer the property to your trust worthy family member by way of Settlement Deed which would be Less expensive than other deeds
Rajendra K Goyal (Expert) 20 September 2017
Please get the information regarding refusal of the loan through RTI in case of Public Sector Bank.

You can try from other Bank.
Adv. Yogen Kakade (Expert) 21 September 2017
Get to know the reason behind the refusal of loan from you bank..


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