Ancestral Property In India: 15 Facts You Need To Know
If you are to inherit an immovable asset, it is essential to comprehend some fundamental information concerning ancestral property.
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1. What does ancestral property actually mean? Four generations of a single family each own a share of an undivided property known as an ancestral property. An ancestral property would no longer be an ancestral property after it was divided among the stakeholders and would become a self-acquired property.
2. How many generations are eligible to inherit property? Four generations of the male bloodline have a claim to any categorized ancestral property that has remained undivided. In essence, an undivided ancestral property is inheritable from the father, grandfather, great grandfather, and great-great grandfather. This implies that, for example, on Ram's ancestral property, his sons Shyam, Ghanshyam, and Radhe Shyam have the right to inherit.