Gifting Property To Wife

Asked in Real estate

  • Ram Kumar

    Warangal

Expert's Answers(2)

  • Advocate Seema Sirsat

    Dombivli, Maharashtra
     

    Hi yes you can gift mortgage property in that case donee has to accept the property along with mortgage and you have to obtain consent from the lender bank for the same. Thank you.

    November 6, 2020
  • Advocate J L Naagar

    Jalandhar, Punjab
      169 Client Ratings

    You can't change the title documents till the property is under mortgage. You may execute a Gift Deed but only after repayment of the outstandings loans. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

    November 6, 2020