Oct 07, 2024Real Estate Deconstructed
Inheritance Laws for NRIs: Understanding Property Inheritance in India
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Contents
Frequently Asked Questions
1. Can an NRI inherit assets in India?
Ans: Yes, an NRI can inherit any immovable property in India, be it residential, commercial, or agricultural, from a person resident in India or a person resident outside India. However, certain regulations and permissions apply.
2. How can an NRI transfer the title of inherited property to its name?
Ans: The inheritance can happen through a will or intestate succession. Obtaining probate is mandatory for a clear and marketable title in some locations.
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