Legal Question in Family Law in India

Dear Lawyer

My question is that if me and my husband want to purchase a property a flat by paying contributory amount from our earnings and rest of the payment to be sanctioned from bank as a loan. is that possible if my husband being in govt job get a loan on his name and property to be owned on my name?? means i want my husband to take loan payment resposibility on papers officially but property to be on my name. because i am into private sector and where nothing is called permanent. pl answer


Asked on 7/19/11, 9:57 pm

2 Answers from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

I have answered this question.

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Answered on 7/19/11, 11:39 pm
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

no, it is not possible as the bank would give loan to your husband and he would be the principal purchases. you may become a co owner in the property.

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Answered on 7/20/11, 12:33 am


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