Jun 26, 2023Homes and People
Who are Coparceners and their Legal Rights?
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Frequently Asked Questions
What is the difference between Coparcenary Property and Self-Acquired Property?
Ans: Coparcenary property refers to ancestral property that is passed down through generations in a HUF, while self-acquired property is the property acquired by an individual through their efforts, such as by purchase or inheritance.
Can a coparcener sell their share in the Ancestral Property?
Ans: Yes, coparceners can alienate or transfer their share in ancestral property. They can sell, gift, or mortgage their interest in the property, subject to certain conditions and limitations.
Can coparceners demand the partition of Ancestral Property?
Ans: Yes, coparceners have the right to demand partition, which divides the ancestral property among the coparceners, enabling them to hold separate and distinct shares.
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