However, the reverse may not be true, which means that the co-applicant may not be the co-owner.
If property is registered in husband's name and is under bank loan how is the property distributed
Getty Images Most banks make it mandatory to have a co-applicant for a home loan. Which court is having the power? Have you and your spouse decided to buy a house with the help of a joint home loan? Asked 1 year ago in Property Law. Lawyers are available now to answer your questions.
Court considers net income after taxes of husband,number of dependent in determining maintenance 2 your personal loan and EMI is not considered while determining maintenance payable by you 3 wife not liable to pay husband liabilities. Abc Medium. Abc Large. I won't keep you waiting. Thanks S. H : Violation of principles of natural justice - petitioner is entitled fo H : Scope of Advance Ruling application - Supply or not - the application Talk to a real lawyer about your legal issue.
Can I just stop paying my part of home loan EMI and default on home loan? Sign Out. My Account. If you two are separating then wife does not have any liability Wife paid bank loan husband not at home indian pay off the liabilities.
Prashant Nayak. And if I do so, can my wife force me to pay home loan EMI though any court order? Ask a question. Remove some to bookmark this image, Wife paid bank loan husband not at home indian.
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It was done on 20 may Can an order be pass to pay EMI to my husband by domestic violence case or divorce case. If I pay emi. Can it possible that his salary should be attached for recovery of loan not the flat.
Ask a question. Anilesh Tewari.
Ajay Sethi. If this is agreed is their any problem will DeFrancesco husband I. They are assessed in different circle. Exciting as the prospect of purchasing a house seems to a married couple, they need to consider both the advantages and drawbacks of taking a joint loan.
After symbolic possession notice, how long can I stay in the flat.
Take a joint home loan
While most banks make it mandatory to have a co-applicant for a home loan, some even insist on the co-owner being a co-applicant. Need Help? In the scutintiny assessment of wife the assessing officer wants to treat the income under other income since she has not contributed any thing towards purchase. Sign in. Can I vacant the flat after auction process.
How can I get rid of this debt? Available Now. Both are equally liable to repay the home loan 2 if you fail to repay bank can auction flat to recover dues 3 your wife can obtain court orders to direct you to pay your share of EMI.
Lawyers are available now to answer your questions.