Question about debt and real estate transaction
Hi,
I lent some money to person A (have promissory note). Person A is claiming he can't repay the money. Person A has already registered all his properties on his wife's name. We are planning to arrange to buy one of the properties owned by his wife by paying him the difference.
The question is, if his wife also has some debts, with promissory notes, can the owner of the promissory note (or debt owner) litigate the property we bought from her?
Thanks.
Asked 7 years ago in Property Law
Religion: Hindu
Thank you for your response. How can I make sure that the property isn't in any litigations already and I would be able to register the property without issues?
Asked 7 years ago