Can a house be registered in two names?
yes the registration can be done in joint names, however if any one person is taking a housing loan, then essentially the bank would not permit inclusion of any other persons name as joint owner of the property unless it is husband and wife.Click to see full answer. Subsequently, one may also ask, can a…
yes the registration can be done in joint names, however if any one person is taking a housing loan, then essentially the bank would not permit inclusion of any other persons name as joint owner of the property unless it is husband and wife.Click to see full answer. Subsequently, one may also ask, can a property be registered in 2 names?yes the registration can be done in joint names, however if any one person is taking a housing loan, then essentially the bank would not permit inclusion of any other persons name as joint owner of the property unless it is husband and wife.Beside above, how do you become a co owner of a house? Here are the two ways in which you can make another person a co-owner. Sale deed: You can sell a portion of the property to the other person and he can use this sale deed to get himself registered as the co-owner of the property by paying the necessary charges. Also to know, can a person’s name be on a deed without being on the mortgage? It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances. If a mortgage exists, it’s best to work with the lender to make sure everyone on the title is protected.Can two friends take a joint home loan?A joint home loan can be applied by the given 5 co-borrower. Most of the banks allow the mentioned borrowers to go on a joint home loan. Friends, sisters, cousins, brother – sister and unmarried partners are generally not eligible for a joint home loan.
