The question of selling a share in an inherited property arises when you inherit a property jointly with others. There is joint ownership, and there are co-owners. To determine the share of each co-owner, we need a partition deed.After the amendment in the year 2005, in Hindu Succession Act, 1956 the interest of deceased Hindu, […]
Tag: shared property
Not everything is shared so easily – Especially not property!
The need for legally entering into a Partition suite arises when there has to be a distribution of shared ownership of property among the potential shareholders, whether they are family members and relatives.A partition, by simple definition, is a division of assets owned collectively by either family members or relatives so that each person gets […]