I need an urgent advise as I am expecting a false DV Act case.
I have purchased a house on loan. It is on my name. Can I gift or transfer it to my parents so that my name is removed from the property and I continue to pay the EMI of loan.
Also is there a way where I can give them an irrevocable power of attorney over the house to take decisions related to the house.
Please do help me.
Thanks & Regards,