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shruthi madhukar   04 March 2021

Can hindhu hold 2 or 3 properties

Can a person hold 2 or 3 properties ,like property from partnership firm and property from HUF and self acquired property


Learning

 1 Replies

Ishaan   19 March 2021

There is no limit as to how much property a Hindu male can acquire.

According to Article 220 of Hindu Law, Property is classified into two types:

(1) Joint Hindu Family Property

(2) Separate Property.

Joint-family Property is also known as ‘Coparcenary' Property and this property consists of (a) Ancestral Property (b) Property jointly acquired by the members of the Joint family. (c) Separate property of a member. (d) Property acquired by all or any of the coparcener with the aid of joint family funds. 


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