Property matters

Kishor Satwick (Querist) 14 February 2009 This query is : Resolved
The family consists of Father, Mother, two sons and one daughter. Father along with his brothers and mother held joint property. The said property was self-acquired property of his father, i.e. grand father. The property consisted of land and chawl full of tenants. The property was sold to developer who as a consideration allotted flat to Sons. The Father in question has three major children. One of the children is demanding 1/3rd share in the flat. The questions are - 1)Whether the flat so aqcuired by Father will constitute inherited property or the flat is his self-acquired property and he can deal with the same as per his free will? 2) Can his son demand share in the said flat? 3) When the development agreement was signed with the builder, Father was the class 1 heir. The son is class 2 heir. When the class 1 heirs are alive, how can the class 2 heirs demand share in the property?

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