Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sharing of property

Querist : Anonymous (Querist) 12 December 2020 This query is : Resolved 
Respected sir/madam,
How can I share ownership title of my house with my wife,without her presence ???She is residing out due to job out of india...
I am presently the owner of the said house
Dr J C Vashista (Expert) 13 December 2020
Incomplete, vague and confusing facts can not lead to form an opinion and oblige.
Who has the title of the property for transfer ?
Rajendra K Goyal (Expert) 13 December 2020
Please post clear material facts of the problem.
Querist : Anonymous (Querist) 13 December 2020
I myself has the title at the moment.
Want to add wife's name too but she is working abroad.
And the house acquired is on a home loan....documents with the bank
Dr J C Vashista (Expert) 14 December 2020
Vague facts can not lead to form an opinion and oblige.
It would be advisable to consult and engage a local prudent lawyer for better analyses of facts/ documents, professional guidance and necessary proceeding, as it is a commercial query.
Rajendra K Goyal (Expert) 14 December 2020
No change in the title (addition of wife's name) can be effected till home loan is paid fully.
SHIRISH PAWAR, 7738990900 (Expert) 14 December 2020
Hello,

After availing home loan you cannot transfer property to another name. Bank will not allow you to change the title of the property.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now