Legal Question in Real Estate Law in India

i hve to give a loan against a leasehold property,so what necessary legal documents i should have in hand before giving the loan


Asked on 3/02/10, 11:32 am

2 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case you are a private money lender, you should have a license to give loan an in case you have license then also a leasehold property cannot be taken as security as the leaseholder is not the owner.

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Answered on 3/02/10, 11:04 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

You may need NoC from the Lessor before executing loan agreement for keeping the property as a collateral security.

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Answered on 3/03/10, 5:08 am


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