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kumar   15 September 2015

Loan against lease deed

Dear colleagues,

My father has a house which is constructed ground floor and first floor. The house as been mortgaged to Cooperative Bank for loan. I would like to know, if lease deed can be made to the son for above the first floor which is vacant. Also can i get a loan for the lease deed. Please guide us.






 3 Replies

Advocate Rohit (Advocate)     15 September 2015

yes. you may eneter into lease deed with the son. But loan against the lease deed could be in the form of Rental Discounting, which you need to check with your banker.



Adv. Rohit Dalmia

9324538481 971794 (Advocate)     15 September 2015

Better check with bank with whom the property is mortgaged

kumar   15 September 2015

Dear sir, Firstly Thank u, I forgot to include that loan against construction above the first floor is possible or not.



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