Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Akshay Naykodi   13 March 2019

Separate Property

how the property obtained through partition becomes a separate property and not an ancestral property?


Learning

 1 Replies

Navin Kumar   14 March 2019

Ancestral Property is one which comes down upto four generation without any partition and is inherited on the basis of survivorship. The property acquired after partition is a self-acquired property and it looses the characteristics of joint property and the ancestral property. In other words a property obtained by partition is due to a settlement or a court case and thus it no longer remains a property which has been passed on to generations. 

2 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register