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While taking a loan, is it mandatory for co-owners to borrow in the same ratio in which they hold the ownership of the property?

April 26, 2017borrow co-owners hold loan mandatory ownership Property ratio taking

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While taking a loan, is it mandatory for co-owners to borrow in the same ratio in which they hold the ownership of the property?

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No, it is not necessary that the co-owners borrow individually in the same ratio as their share in the property. Even though two people may hold the property in equal proportion, they can go for a loan in the ratio of 75:25 or any other ratio for that matter.