Huf property share percent

Querist : Anonymous (Querist) 01 February 2012 This query is : Resolved
Who will gets how much share?
A property (land+house) purchased in 1985 in a small town in Maharashtra with the following share ratio:
Grandfather HUF - 40%, Father HUF (30%), Uncle HUF(30%)

1. Grandfather passed away in 2008 leaving Grandmother and two sons (my father and uncle) as survivor. No daughter.
2. My father(alive) has one male child(me) and one female child both unmarried and over 21 years of age. Mother is alive.
3. My uncle(alive) has two female children both married and no male child. Aunt is alive

Since all the children are adults and we all want to have family seperation from joint property and not have any more HUF.
What will be the share of each living member as individual in this joint property?
1. Grandmother
2. Father
3. Mother
4. Uncle
5. Aunt
6. Myself Male
7. My sister
8. Each of my cousin sister

Please note that the house is only 1000 sq ft and in very bad condition and not liveable and so may not have any value. The land is 10000 sq ft with road on three sides and can be actually divided easily giving everyone access to road.

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 01 February 2012
Ask query by showing your real identity.

Devajyoti Barman (Expert) 02 February 2012
yes
Can't answer the query, sorry.

Please Identify yourself to avail our free service.

Querist : Anonymous (Querist) 02 February 2012
Sorry about that Rajkumarji.
I am asking again with my identity and more details.
Who will gets how much share?
A property (land+house) purchased in 1985 in a small town in Maharashtra with the following share ratio:
Grandfather HUF - 40%, Father HUF (30%), Uncle HUF(30%)

1. Grandfather passed away in 2008 leaving Grandmother and two sons (my father and uncle) as survivor. No daughter.
2. My father(alive) has one male child(me) and one female child both unmarried and over 21 years of age. Mother is alive.
3. My uncle(alive) has two female children both married and no male child. Aunt is alive. His elder daughter married in 2002 and has a son. His younger daughter married in 2007 and also has a son.

Since all the children are adults and we all want to have family seperation from joint property and not have any more HUF.
What will be the share of each living member as individual in this joint property?
1. Grandmother
2. Father
3. Mother
4. Uncle
5. Aunt
6. Myself Male
7. My sister
8. Older cousin sister and her son
9. Younger cousin sister and her son

Please note that the house is only 1000 sq ft and in very bad condition and not liveable and so may not have any value in the kaccha construction. The land is 10000 sq ft with road on three sides and can be actually divided easily giving everyone access to road.

Querist : Anonymous (Querist) 02 February 2012
I don't know why my identity does not show. I will try to post it fresh.

V R SHROFF (Expert) 02 February 2012
Can't answer the query, sorry.

Please Identify yourself to avail our free service.

prabhakar singh (Expert) 02 February 2012
Can't answer the query, sorry.

Please Identify yourself to avail our free service.

Shailesh Kr. Shah (Expert) 02 February 2012
you should create new thread and also sure that "Anonymous" option is uncheck.

V R SHROFF (Expert) 02 February 2012
Copy paste your Query, , uncheck "Ano**"

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

Huf property share percent

Similar Resolved Queries :

Download LCI APP

Our Network Sites