selling a house
Hello,
I have a question, pls asnwer.
Mr X has taken home loan and top up loan on his property in Delhi, 3BHK Appt. Mr X is not living in property, thats been occupied by relatives. Someone filed a case of 420, 468 etc after 10 years of top up loan. Complaint is of forged sign of co-applicant in top up loan.
Questions are -
1. If top up loan or complete loan is closed with bank by paying all, will the case stay or will be closed?
2. Can Mr X sell the property, and how. he is interested in selling, buyer can get it vacated from occupants.
Thanks, more
I have a question, pls asnwer.
Mr X has taken home loan and top up loan on his property in Delhi, 3BHK Appt. Mr X is not living in property, thats been occupied by relatives. Someone filed a case of 420, 468 etc after 10 years of top up loan. Complaint is of forged sign of co-applicant in top up loan.
Questions are -
1. If top up loan or complete loan is closed with bank by paying all, will the case stay or will be closed?
2. Can Mr X sell the property, and how. he is interested in selling, buyer can get it vacated from occupants.
Thanks, more
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There is confusion in your questions, If I have got aloan and paying regular instalments. There is no question whether I residing there or not. It is my property. more
Jan 01
IF The Property can't Vacant No One will be Interested to Buying the property. If the forging don by you or by the occupant is not clear. more
Jan 02
pls state the confusion....question is... Can X sell the house...giving the fact that 1. a family is occupying the house and they wont vacate. 2. X is facing charges of forging the sign of coapplicant in loan application document... more
Jan 02
2nd question is......if topup loan is closed, will gorgery charges remain as is or can be quashed in court? more
Jan 02
FACTS as asked: original loanee is X, house is registered in name of X, co-applicant of topup loan is not a co-applicant in main home loan.
Question is... Can X sell the house, close the loan (NPA) and register the property in buyer's name?...giving the fact that 1. a family is occupying the house and they wont vacate. 2. X is facing charges of forging the sign of coapplicant in loan application document... more
Question is... Can X sell the house, close the loan (NPA) and register the property in buyer's name?...giving the fact that 1. a family is occupying the house and they wont vacate. 2. X is facing charges of forging the sign of coapplicant in loan application document... more
Jan 02
who is original loanee in home loan? Is co-owner is also coowner in first homeloan. In whose name title deeds is registered/ what are relations with x and y/ more
Jan 01
Have you received NOC from Bank ? If you have an agreement with bank kindly look at each clause can hold the case open due to any mistake from your end your co-partner/applicant ... You can call me for further discussion ..8368335026 more
Dec 31
NOC frOm bank for all the payments due to bank stating no due pending from customer hence no lien on property of bank . In this case as a respondent you can contest the same more
Jan 02
See if forgery is committed and acknowledged then it's jury which decides what could be the course of action .yes one can file case against forgery within 2 years of the commitment and beyond a condonation can be filed by petitioner to put up the matter before court more
Jan 02
1. Even of top up loan is cleared from bank, the case against X continues since the co-applicant status, interest in the Loan as well as in the property will become the issue . 2. Even if a differently powered buyer prefers, the sale value will be such that it requires to settle the Case of co-applicant of loan , as well as the cost and interest to be incurred in vacating the residing relative. It appears, that co applicant of top up loan has an additional claim of issue resulting in the structural changes on the property . Further, the act in Delhi if prohibits acquiring more than one or two houses, or, prohibits vacating the Rent Paying Tenant , this will also be an added hurdle / loss in transaction please . more
Dec 31
Forgery is criminal offence and it is independent. It has to be proved without doubt and there will be a lot of harassment.
Repayment of loan and sale of flat are different issues and will not nullify forgery. more
Repayment of loan and sale of flat are different issues and will not nullify forgery. more
Jan 01
