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Mortgage property

AnonymousLLB 25 Jul 2013, 22:26

Dear Experts

Thanks in advance.

Deceased father took loan from a Society by mortgaging the title deed of the property.He failed to repay the loan.Nominee is his wife i.e mother.According to the Society mother has to repay the loan, demortgage the property as being nominee she is the sole owner of the title of the property which they will transfer after the loan is paid.

Mother has 3 children.

Please advice.

1.Mother’s ownership right on the property.Is she the sole owner ?

2.Mother wants to make a registered WILL of the mortgage property.In mortgage condition is it possible? or first demortgage it then make WILL?

3.Any documents related to the mortgage property required to make the WILL.

Regards

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