Property
Guest
(Querist) 01 June 2015
This query is : Resolved
Q) what is difference between self acquired and ancestral property. plz elaborate under which circumstances property is deemed to be ancestral and self acquired, and further in which condition future generation can claim property.
R.K Nanda
(Expert) 01 June 2015
academic query .read law books.
Anirudh
(Expert) 01 June 2015
Dear Love,
You have to give your fact situation and ask for answer. While asking the query you have to indicate who purchased the property, in which year, then what happened and in whcih year etc. Only then it will be possible to answer your query.
Therefore please do not ask as to what is ancestral property and what is self acquired property.
Guest
(Querist) 01 June 2015
Q)my grandfather purchase house in 1958 from his own income. he died in 2006. he died without making any will. after his death my grandmother divide the house amongst her son including my father by way of mutual family settlement. now my father said that this is his self acquired property. can me or my son claim in this house?
Anirudh
(Expert) 03 June 2015
Your father is absolutely right when he says that the property is his personal property (not ancestral property).
Nobody can claim any right over the property when he is alive. It is he who is the absolute owner of the same and he can do whatever that he wants to do with it.
Guest
(Querist) 03 June 2015
Q) in context to above query can i claim or my son claim on the said property if he doesnot give any share to me in his will?
Anirudh
(Expert) 03 June 2015
I think you did not understand my answer properly.
I said that your father is the absolute owner of the property. Nobody else (either you or your son or anybody else) have any right over the said property and therefore nobody can claim any share in the property from your father.
If he sells out the property during his life time, nobody can question.
If he gifts that property to one or more persons that he likes, then also nobody can question.
If he makes a WILL in favour of some one whom he likes, but not to you or your son, nobody can question.
It is only when he dies without disposing of the property in any of the above said manner, and without leaving any WILL, then and then alone, you and other legal heirs can claim equal share in the property left behind by him.
DURING HIS LIFE TIME, NOBODY CAN ASK FOR ANY SHARE FROM THE PROPERTY.
Guest
(Expert) 03 June 2015
In nutshell, at least during the life time of your father, you or your son cannot prefer any right over the property in question.
By the way, why you want any share out of that property?
Guest
(Querist) 03 June 2015
anirudh sir i m really impressed the way u clear my doubts.thnx..thnx
