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ARJANNA PENUBHOTULA (OFFICER)     10 August 2018

minors interest in a property

In a case Mr A & Mr B are brothers. they have jointly purchased a property along with their wives Mrs C & D.

After few years Mr A passed away leaving his wife C and a minor daughter E. Now B C D has approached Bank for a loan against this property.

The minor interest is just 12.5 percent. please let me know in what way bank can accept the property.


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 3 Replies

Nitin Yengde   10 August 2018

I have going to purchase plot in rural area.
What necessary document should i check

Nitin Yengde   10 August 2018

I have going to purchase plot in rural area.
What necessary document should i check

SOLOMON.RAJ (advocate/director)     11 August 2018

What kind of loan is sought is not mentioned by you. In any case the bank may accept the property as a co-lateral security.


Adv. Solomon Raj,
Attorney at Law,
Bharat Gaurav samman awardee 14
AICC National Legal Chairman.
email:rajcarey@yahoo.com
phn:9866545086

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