Legal Question in Civil Rights Law in India

Can someone relinquist rights of a mortgaged property:

We are going through divorce. Wife wants to give the property to me as she left me and kids alone and went away. House is on loan in LIC, paid 3 years EMI and 2 years i paid it all myself. It is on both of our names. It is also registered on both of our names. Since the market is too bad, i am unable to get the price of what i invested now. I want to wait for sometime before i sell, but she wants divorce immediately. Does the reliquish deed help in this case? Will it not be a problem in the future when i try to sell?

Thanks for your time.


Asked on 8/31/11, 8:27 am

1 Answer from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

No problem she could relinquish her share to you and she has done it. So chill.

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Answered on 8/31/11, 11:39 pm


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