Hi All,
I have below query, kindly clarify.
Brief Background.
Father gifted his self acquired property to his daughter (after daughter's marriage) (one of out of 5 siblings). Now the Daughter is aged and having 1 Son and 2 daughters. Due to some family dispute she wants to dispose the property and share the proceeds among her children. However, prospective buyers are insisting for signature of all family members including signature of the daughter in law as consenting witness, for which the said daughter in law is demanding huge sum of money. All are Hindus
Questions are
1. Whether the property received by the lady by way of gift from her father is treated as ancestral property, and all children get the rights on the said property.
OR
2. Is the property considered as Streedhan and gets absolute right over the property and she can alienate the property without getting any consent from any of her children?
3. Whether buyers of the property are right in asking signature from all family members as consenting witness to the deal
Thanks in advance for the answers