Posted in atoneplace.com, Bangalore, banglore, Bank, India, Indian Property, Indian Real Estate, Jurisdiction, Karnataka, legal, Legal heirs, Loan, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Residential Property, Transfer, tagged Bank, Gift deed, Home Loan, Indian Property, Indian Real Estate, owner, ownership, Property documents, property transfer, transfer of property on March 6, 2009|
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Question asked by Mr. Sathish HM from Bangalore:
Hi Mam, I am Sathish H M, presently living in Bangalore-Karnataka.
My Question is, My father having a house that is in his name (Sole owner), we have two brother (elder brother), my father wants to transfer his house to my name through Gift Deed.
Any legal problems creating by my elder brother after transfer the property to my name.
Please tell me if is it possible to do the GIFT DEED without property documents, because documents are pledged in a Bank for House Loan in my Father name.
If it possible what the procedure I have to do, please advice me.
Regards
Sathish
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