Posts Tagged "Loan"

Is it possible to add another person to an already registered property while the documents are with the bank?

Question asked by Mr. David Rajasekaran from USA:
I would like to add my wife’s name to the property which I registered already. But the documents are with the bank that is providing the loan. Is there any way I can get the originals and do the registration change at this time or should I have to wait until I receive the documents after the loan is complete?
Thanks
David Rajasekaran

Veena Answers:
We are of the view that your wife’s name cannot be added till such time the loan transaction is closed.
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