Type of property

GOPALJI PANKHANIA (Querist) 20 August 2012 This query is : Resolved
Property purchased by the husband from his savings and registered in the name of his wife. This property for the wife does it become Acquired Property or Hereditary Property. Also what is the status of the property for the children when the mother is alive ?

Follow Query

Report Abuse

Devajyoti Barman (Expert) 20 August 2012
This would be treated her self acquired property though this presumption can be rebutted by her legal heirs if he could prove the contrary.

K.K.Ganguly (Expert) 21 August 2012
If it was purchased after 19888, it will be considered as her self acquired property.

Had it been purchased before 1988, it could be treated as Benami purchase & the children can now demand its share calling it their father's property, if the father is deceased.

GOPALJI PANKHANIA (Querist) 13 September 2012
Kind Attn : Mr. K.K. Ganguly

Dear Sir,

Thanks for the reply. Could you give some more details and sample case study of similar case. Awaiting your reply.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries