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Which property comes under ancestral property through law
01-Aug-2023 (In Family Law)
is the SELF ACQUIRED & TRANSFERRED TROUGH ATTESTED WILL, while alive, be ANCESTRAL PROPERTY? if not what are the Sections supporting the same?
Dear,
Self acquired and property transferred through attested will will not be called as ancestral property. An ancestral property is a property which is acquired by one's great grandfather which has been passed down from generation to generation (to one's grandfather and father) up to the present generation (the person can be son or daughter) without being divided or partitioned by his/her family. It has to primarily meet two conditions for the property to qualify as ancestral property; 1) The property should be four generations old 2) It should not have been divided or partitioned by the previous three generations. I hope this clarifies.
Self acquired and property transferred through attested will will not be called as ancestral property. An ancestral property is a property which is acquired by one's great grandfather which has been passed down from generation to generation (to one's grandfather and father) up to the present generation (the person can be son or daughter) without being divided or partitioned by his/her family. It has to primarily meet two conditions for the property to qualify as ancestral property; 1) The property should be four generations old 2) It should not have been divided or partitioned by the previous three generations. I hope this clarifies.
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Adv. B. Srikiran
Hyderabad | 500+ Answers
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