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Jagadish (assistant)     12 December 2015

Add new members to the existing property ownership

Dear Sir / Madam,

I took a composite loan for residential Plot and contruction from one of the leading bank last year. Now contruction is almost completed and we are moving to new house in few weeks.

During plot registration I included my wife has a second party

My questions

1) Can i include my father and mother in a property ownship. Since they are also contibuted for house construction and i want to make them secure and confortable

2 ) Is there any objection from Bank for adding my parents in the property ownership which is already under loan? if not, is there any other possible way to make them secure for their investment which has no proof of contibution

Awaiting for your response

Thank you,

Jagadish H R



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