Ancestor property
Rellino Dcruz
(Querist) 09 January 2010
This query is : Resolved
Hi,
Please let me know the full definition of ancestor property.
Property brief: My father bought a peice of land from his onw resources (self aquired) He was short of around 10% approx for the value of the property & he borrewed money from his mother & thus had to add her name to the sale deed. His father was not alive then. In the passage of time, his mother's mental health took a downward turn and she statrted harrising him for the return of the money lent. My father then sold a big portin of the land and paid her money back. She then passed away shortly. The balance of the land was in his sole name. He passed away around 4 years ago, without leaving any will etc. The property was subsequently transfered to my mothers name.
We are five brothers;
Is this a self acqueried property?
If yes what will be the outcome?.
If no then wats is the leagal status of my Mum?.
What is the legal status of we five brothers?.
Can our Mum remove any of the son's from the property?
Thanks
prakash vathore
(Expert) 09 January 2010
yes it is self acqueried property.
and if it is transfered in ur mum name then ur mum become the owner of the property.
all the brothers have share in the poperty.
but since ur mum beccome the absolute owner of the property she can remove any one from the property.
