Please intimate what is the legal position on the aforesaid matter.
1.A property (house) is in joint name (two brothers) and took joint housing loan. Thereafter, a written partition was made on the property (house). 1st applicant is agreed to pay the loan 1/2 of the instalment. Whereas the 2nd applicant is not paying the loan. The bank tried to deduct whole amount from the 1st applicant only. Please advice, what action may be taken by the 1st applicant to secure his portion in the house. The bank told that they will attach whole property.
If a property is registered in the name of 2 people(A & B) and one of them (A) later gives his/her share to another person say C (without informing B. What rights does C will have on the property? Can A in the 1st place transfer his/her share of property to C? and other aspects of the situation?
A&B are related but not husband & wife.
My friend was talked into adding her boyfriend to her deed and creating a joint tenancy. He makes no payments and has no equity in the property. There is a mortgage on the property and permission was not obtained from the lender before this was done. What can she do to get this reversed or is it even a legal deed in the first place since the lender is unaware of it and did not grant permission to do it.
i have my own home in Gujarat for which i have taken a loan from icici bank and i am availing income tax exemption. now i wish to loan transfer to SBI. my home is name of my wife, she is a housewife and she is not availing any benifit on that home. Am i entitled to avail tax exemption on this loan? Bankofficer says no, because home is not my name.
Father died without a will .Does the ownership of the property automatically devolve to my mother or do the children also become part owners through inheritance.
My cousin has brought a land and registered to his name in which I had given half of the share of the property. Now can we Jointly hold that land or register it? Its 30*50 site in bangalore.
Can we have Joint registation of Land of 30*50 and are there any legal complications in future?
What is time within which one has to purchase new property/Bonds if in a partition case the court decides sale is only option for joint owners?Property is in Delhi. What formalities are required legally to complete transfer?
My Father had purchased the property in Ahmedabad (India) 30 years ago, which was jointly registered in the name of my FATHER, GRANDMOTHER (Deceased), UNCLE & AUNTY.
Now today, we want to transfer the title of the property in the name of my FATHER with mutual consent of Uncle & Aunty without any dispute.
What is the procedure to do so? Are there any charges to be incurred? Is there any stamp duty to be paid? Please elaborate!
We are NRIs and we have joint fixed deposit accounts in India. Which form we should use to file tax return. Is it possible to file jointly. If it is filed individually it will be considered as whose income.
Tax is for the interest income.
We are both working but we are really in bad shape having too much debts, we want to close those debts by applying for 250,000AED loan. is this possible from any bank here in the UAE? we really need help.