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Author Topic: Add Spouse to property  (Read 202 times)

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Offline neiln

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Add Spouse to property
« on: August 20, 2018, 10:36:59 PM »
Hi,

My wife purchased a property in India prior to our marriage. She took loan on the property and she is paying loan every month.

Now we agreed to add me to the house as the joint owner.

Is it possible to add me as joint owner? What are the steps to achieve the same.

Also, she gave GPA of the house to her father which we plan to cancel it. How do I do the same.

Thanks,
Neil

Offline advkartik

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Re: Add Spouse to property
« Reply #1 on: August 21, 2018, 03:26:50 AM »
yes you can be added as joint co-owner this will be done in Registrar's office (SDM's Office).

Offline neiln

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Re: Add Spouse to property
« Reply #2 on: August 21, 2018, 09:01:06 AM »
Hi,
Thank You for the response.
 
1) Do we need to make a sale deed in order for me to be added as the co-owner? If not, how much should I expect in costs to add as a co-owner?

2) There is a loan on the property. If I am added as the co-owner, do I need to be part of the loan as well?

3) Will the GPA that is given to her father still be in effect after adding me as co-owner?

Thanks,
Neil

Offline neiln

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Re: Add Spouse to property
« Reply #3 on: August 22, 2018, 01:23:46 PM »
Please can some one respond?

Offline kalaskarkk

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Re: Add Spouse to property
« Reply #4 on: August 26, 2018, 08:19:13 AM »
Dear Sir,
First get cancel GPA by issuing a paper publication and registering a cancellation deed. Then approach concerned authority say SDM and file a representation of your wife stating that it may converted into joint names of you and your names. Usually such joint names will be required by another registered document.

Regards:

Kishan Dutt Kalaskar
Retd Judge and Advocate
No.74, 1st Floor, “Disley”  House,
Malleswaram, Bengaluru-560003.
Mob: 9686971935, 080-23461189
kalaskarnetra@gmail.com
Call me for clarification

Offline neiln

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Re: Add Spouse to property
« Reply #5 on: September 07, 2018, 12:13:22 PM »
Hello,

Thank you for the response.

What does SDM mean?

I spoke to LIC housing loan, where my spouse has loan on the property and they mentioned that they cannot add a co-owner on the property.

What I am looking for is getting some sort of authority on the house, so no one misuses the property like - getting another loan by keeping the house as surety etc.

Please let me know how to proceed.

Thanks,

Offline neiln

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Re: Add Spouse to property
« Reply #6 on: September 10, 2018, 02:22:51 PM »
Hi, Please can you respond.

Offline neiln

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Re: Add Spouse to property
« Reply #7 on: September 20, 2018, 04:17:36 PM »
Please can someone respond to this thread?

Thanks,
Nikhil

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Re: Add Spouse to property
« Reply #7 on: September 20, 2018, 04:17:36 PM »

 

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