EASYOFFICE
EASYOFFICE

Property rights

This query is : Resolved 
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(Querist)
12 October 2014 but I think will depens on ownership...and In case of mortgage property owenership may not be with borrower.....

owenership means borrower can sale it at any point of time..
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
13 October 2014 not at all. the borrower remain absolute owner of the property. just that he himself has created a lien over his asset and the lien is not permanent but subject to repayment of dues.

its like saying if I take education loan for my education, the degree doesn't belong to me but the lender!

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