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Death of joint home loan borrower: Who pays the EMIs and who owns the house? SC advocate explains

Death of joint home loan borrower: Who pays the EMIs and who owns the house? SC advocate explains

A joint home loan does not automatically mean the surviving borrower gets full ownership of the house if the co-borrower dies. But the survivor remains liable for repaying the entire loan. Here’s what a Supreme Court advocate has to say about this.

A joint home loan does not automatically mean the surviving borrower gets full ownership of the house if the co-borrower dies. But the survivor remains liable for repaying the entire loan. Here’s what a Supreme Court advocate has to say about this.
Read original at Livemint