Legal Question in Real Estate Law in India

hi , my husband and his brother buyed a property ,cost of 18,00,000rs with bank loan and property and loan is on his brothers name , my husband paid almost 15,00,000with in seven yrs , the loan period is for 15yrs , now we r not intrested in that property , how can we solve the problem


Asked on 3/19/13, 10:36 am

2 Answers from Attorneys
Santosh Goswami,Advocate sure shot legal

One solution could be that your husband's brother may get ready to buy that property and if that happens you can enter into a compromise deed or MoU to settle down the terms and condition.

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Answered on 4/09/13, 11:35 pm
Shrichand Nahar S.V.Nahar, Advocate

By executing and registering appropriate deeds.

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Answered on 10/13/13, 11:49 pm


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