Monday, December 18, 2017
  • ASK
  • Wed Oct 04,2017

Is it possible to transfer a house without transferring the home loan?

No, you will not be able to transfer the property in your daughter’s name till you fully pay off the home loan

By OLM Desk

I want to transfer my house to my daughter but my loan isn’t fully paid yet. Is it possible to transfer the house without transferring the loan?

Sameer Chopra, Ghaziabad

Read More

No, you will not be able to transfer the property in your daughter’s name till you fully pay off the home loan. The transfer will also attract stamp duty. If your aim is to safeguard your daughter’s interest in the event of your demise, you can consider making a registered Will in her favour, which will also cost lesser.

 

olmdesk@outlookindia.com

NEXT STORY