if pending loan is not clear against property can one can sell his property to a party which also want to?



apply for loan for the same property. What will happen in this regard?

2 Replies to “if pending loan is not clear against property can one can sell his property to a party which also want to?”


  1. Yes it is possible and allowed.

    You have to get a letter from your financing bank regarding the outstanding. That letter to be enclosed along with the loan application of new purchaser. That new bank will settle the dues of vendor’s pending amount directly and the balance if any will be settled to the vendor on registration of sale deed.





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