This video will give you complete understanding on risks and benefits of Joint property ownership and taking a joint home loan.
Most of the people in India buy property in Joint ownership with their spouse or parents without knowing the actual risk and benefits of joint property ownership. There are many questions that one needs clarity on before taking this decision. I have tried to answers these questions through this video
1. Who can be joint property owners / co-owners of a property
2. How many people can be co-owners of a property
3. What is the share and rights of each property co-owner
4. Who will be the owner in case of death of one Co-owner
5. What happens to property in case of death of one of the joint property owners if there is home loan
6. Who can take joint home loan
7. Who cannot take joint home loan
8. Taxation for joint home loan
9. Joint home loan tax benefit
10. Rental property tax deductions
11. Capital gain exemption on sale of joint property
12. Disadvantages of joint home loan
13. Advantages of joint ownership of house
This video will also explain some real estate concepts like
1. Joint tenancy
2. Tenancy in common
3. Joint tenancy vs tenancy in common: what's the difference
4. What is joint tenancy right of survivorship
5. Tenancy in eternity
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About This Channel
Flats and Keys is a real estate content platform created to help young Indian's know the unknown about buying a property in India. This channel is for education purpose only and Information shared in the videos is bases on my experience in the Industry
Who Am I?
I am not a property broker or a real estate consultant. I am an Entrepreneur & Real Estate Educator. I have worked with top developers of the country and have been an entrepreneur into Proptech space
For any queries, questions or collaboration, you can connect with me on
Email : info@flatsandkeys.com
Whats : app 9625111400
Note: I am not a property broker or a real estate consultant
#jointownershipofhouse #jointhomeloan #homeloan #jointproperty
4 окт 2024