|Originally posted by : Sathish Reddy
||When i was 4 years old, my father expired and my fathers 2 brothers has divided the whole property into 4 parts where we got 1 share and my grand patents got 1 share and the other 2 brothers of my dad got each 1 share. When the property got distributed among us , they took a signature from my mother and thumb impression of mine saying no rights on my grand parents property. So now we wanted share in my grand parents property which is ancestral property. Is that a valid claim?
1. IF the property was "ancestral property" and "IF" the property was "divided" and "accepted by Uncles, Mother & Grand Parents and recorded in the Revenue Records, THEN such property shall loose its status as "ancestral property".
2. By virtue of above, each individual owner of such divided property is entitled to Sell /Gift /Transfer WILL //Donate /Mortgage /whatever.... with his property without any legal restrictions or NOC or permission from ANY of the existing Legal Heirs. This means that you can claim your share in Grandparents divided portion of property only after his demise provided they has not executed any WILL for their own share of the property.
Keep Smiling .... Hemant Agarwal