Greater Noida | 11 Dec, 2020 (9 months, 1 week ago)

Property Law

Unmarried couple and property buying

Can a unmarried couple buy a property together if the property is on lease and not free hold ( like Noida extension homes )
Answers
12 Dec, 2020 | 19:15

Yes, however, the pros and cons of the same has to be weighed in before proceeding. Any adult can buy a property in India. The points to keep in consideration are:

1. Respective credit scores.
2. Real Estate agreement/lease agreement/ sale-purchase agreement etc. This agreement should clearly define the rights and obligation of the owners.
3. Ownership rights if one owner decides to leave/die etc.


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