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Brought property through partnership firm's money


06-Mar-2023 (In Property Law)

Hi Team: I have a question with regard to a property which is bought with the money of partnership in the name of non-partner. will it be treated as a firms's property? Thanks

Answers (1)

Answer #1
461 votes

If you purchased the property with your share of amount in the partnership then the property will be treated as the property under whose name it was registered. 

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