Asked in Real estate
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.
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.
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