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Yunus (postman)     07 April 2010

Share of property

We wanted to sell our one property of expired person (price offered by purchaser is INR 1,50,000/-) All are agreed to sell.  We are Muslims of Maharashtra.

Dependents are

1) His wife (Age-80)

2) His 2 Sons

3) His 4 daughters (Age-30-50) and one more daughter has already expired

Could you please help me out how to share the above amount??



Learning

 3 Replies

AEJAZ AHMED (Legal Consultant/Lawyer)     07 April 2010

 

1.                  Divide the amount into 62 Shares:

 

1,50,000-00   = Rs. 2,419.36

         6

 

One Share = 2419.36

 

 

2.                  Shares of all the dependents are as follows:

 

(i)                             Mother will get Six (6) Shares

 

2419.36 X  6 = 14,516.16

 

Mother's Share is Rs.14, 516.16

 

 

(ii)                           Two Sons will get Fourteen (14) Shares Each

 

2419.36 X  14 = 33,871.04

 

First Son's Share is Rs. 33,871.04

 

Second Son's Share is Rs. 33,871.04

 

 

(iii)                         Four Daughters will get Seven (7) Shares each

 

2419.36 X  7 = 16,935.52

 

First Daughter's Share is Rs. 16,935.52

 

Second Daughter's Share is Rs. 16,935.52

 

Third Daughter's Share is Rs. 16,935.52

 

Fourth Daughter's Share is Rs. 16,935.52

 

I am not mentioning the share of "Expired Daughter", as your question is not clear:

  • about the "death" of one daughter, whether she expired before her father or after the death of father; and
  • about her dependents (if she was married)

AEJAZ AHMED (Legal Consultant/Lawyer)     07 April 2010

Read the First portion as :

1,50,000-00   = Rs. 2,419.36

         62


(Guest)

Sh. Aejaz ji,
Out of curiosity like ot learn how you came ot a figure of "62" and not less or more in the presented briefs?
Rgds


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