Inherited property

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 Inherited property:

 Along with the property, you also inherit all liabilities like any loans outstanding or government dues like property can either be self-acquired by the deceased or acquired through succession as per Hindu succession laws. 


What is inherited property in India?

Inheritance is the practice of transferring property, titiles, debts, rights, and obligations to the lagal heir of a person upon the death of thet person either by way of  â€˜Will’ or through the prevalent laws of succession. 


Who can sell inherited property?

Generally, co-owners are free to transfer/sell their share in the inherited property. However, one co-owner cannot transfer the share of other co-owner without permission. Selling the share in inherited  property involves an understanding of the nature of co-ownership and rights of all co-owners. 

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