Asked in Property
Dear Sir If bank people are ready you can do the same however your liability to pay EMI may not be taken away. Please give me RANK FIVE (5) If my answer satisfies you
1. you can transfer the property on the name of your father after getting due permission from the bank, 2. providing loan facility to your father will be discretion of the bank,
It would be difficult to transfer the title of the property when it is under lien of some financial institution. But still try with the lending agency. If they feel satisfied. Because without change of title the laon cannot be transferred. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.
you can contact your lender with whom you took the loan and check if such any option is available with them.
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