Hello Everyone..!!
My father is planning to give one house as gift and is excuting gift deed accordingly and registering it on my name.If he registers that gift deed on my name ..
1.can i transfer the ongoing bank loan on my name or my wife name as co-applicant, with different bank on that property gifted to me
2.how many days it may take usually for this process?
3.if my father gives me gift, will he generally register it or shall i have to register ( usually how people gift)
4.if my dad will transfer the house on my name as gift deed. can I add as co-applicant to my wife for repayment as she is working in government sector.
please advice
Regards
Pravin Pawar