Urgent
kapil
(Querist) 19 June 2017
This query is : Open
Dear all,
please advice on one aspect. I am taking a property on lease and same property is mortgage with the bank. please advice, how should i proceed>? can i ask lessor to take NOC from the bank? what should be the contents of that letter? please advice.
This is very urgent
Rajendra K Goyal
(Expert) 19 June 2017
You can ask NOC from Bank.
For contents discuss with your lawyer.
Generally Banks have their standard language if it decide to give NOC.
Kumar Doab
(Expert) 19 June 2017
'Buyer Beware' applies to property deals.
Mr.Rajendra K Goyal has advised you appropriately.