An ancestral property is an undivided property, in which four generations of a single family have their share. Once divided among the stakeholders, an ancestral property would cease to be an ancestral property, and turn into a self-acquired property.
Ancestral property is defined as a property that is inherited from a father or paternal grandfather, or great-grandfather.
Owning and passing on such properties are slightly challenging in large families. This is because there are a lot of misconceptions and myths surrounding such property inheritance. Lack of knowledge is one main reason families end up in disputes or legal hassles.
Ancestral property is one which is -
If you have legally inherited an ancestral property, talk to our lawyers to understand your stake in the same. Being a trusted Property Legal Adviser in Pune and other major cities in India, we are known for offering legal aid in the form of Property Documentation Services, Property Law Services, and Property Litigation Services.
Transfer of immovable property results in the conveyance of property rights, i.e. title, rights, interest in the property by one person to another.
The property can be transferred by the person having rights to do so. Generally, it is the owner of the property or the person authorized to do so.
Any document showing the ownership of the property/land in the name of a person is a title deed. E.g. in case of sale of a property, sale deed is the title deed.
In the case of ancestral property, the ownership is verified from the record of the land registration department.
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