Legal Question in Banking Law in India
Patta land
Can a patta land be registered, and can mortgage/purchase loan can be obtained on that patta
6 Answers from Attorneys
Re: Patta land
Your land papers needs to be reviewed.
In some of the cases it can be registered.
Re: Patta land
Mere patta alone cannot decide title of the holder of the patta. Enquire as to how the patta holder got the land. Check up with Municipal/village authorities as to who pays the revenue. Consult a lawyer with all the documents and information provided by the patta holder. Merely on the basis of patta alone,you cannot have the land conveyed validly by the holder of the patta and it will not be possible to get a loan based on the same only.
Re: Patta land
yes in some cases only.
Re: Patta land
Yes, Patta is registerable and the lender may accept the same as a good security for loan.
Re: Patta land
it depends upon the terms of patta.
Re: Patta land
It is depend upon the terms of Patta
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