RASU R 10 December 2021
kavksatyanarayana (subregistrar/supdt.(retired)) 10 December 2021
If you have already obtained the loan, even though you sell your share to your wife the bank will not sanction the loan in my view. Sale deed is not necessary and you may gift your share to your wife.
P. Venu (Advocate) 11 December 2021
The facts, as posted, are disjointed and confusing. You as well as your eligible to get loan, depending upon your financial status and credit history. What is the necessity for selling the property to the wife?
Dr J C Vashista (Advocate) 12 December 2021
Since both of you are owners of plot, you can sell your share/ portion to your wife.
RASU R 17 December 2021