Property Rights: What is the law on selling ancestral property, know whether it is necessary to take any consent..
People often lack information regarding property-related rules and laws. He remains entangled in questions related to these. Property-related disputes usually arise due to a lack of information. In such a situation, people must have a common understanding of the rules and laws related to property. One such issue is ancestral property. In this article, we will solve one such confusion related to your ancestral property and tell you how ancestral property can be sold and with whose consent-
What is ancestral property?
If we look at the general classification of land in India, there are mainly two types of land acquired by any person. The first is that which the person has purchased himself or has received through gift, donation, or by giving up his rights (not taking his share of land), etc. This type of property is called self-acquired property.
Apart from this, the second type of land is that which the father has received from his ancestors. The land acquired in this way is kept in the category of ancestral property. The laws regarding selling ancestral property are a little stricter than self-purchased property.
Who can sell ancestral property?
Four generations of the family have a claim on the ancestral property. If a decision is to be taken to sell this property, then this property cannot be sold based on personal consent of any one person. Nor can it be sold based on the decisions of its partial owners.
To sell ancestral property, the consent of every stakeholder related to it (which also includes daughters) is required. When all parties agree, ancestral property can be sold as per legal procedures.
Legal recourse can be taken for selling without consent
If ancestral property is sold without the consent or consultation of the parties concerned, then other concerned parties can send a legal notice regarding this. In such a situation, there may be a stay on the sale of the property or the sale may even be cancelled.
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