Joint ownership of inherited property

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Joint ownership of inherited property:

The question of selling a share in an inherited property arises when you inherit a property jointly with others. ... The self-acquired property can be bequeathed by will by the owner the law of succession. 


Who inherits joint property?

What happens if property is jointly owned? If a property is owned by two or more people as joint tenants and one of the joint tenants passes away then the share in the property of the deceased person owns passes automatically to the other owner (s). This is what we call the right of ownership. 


What happens when one of the joint owner of a property dies?

If one of the co-owners does, his share in the property does not pass to the other co-owners but to the person named in the will of the deceased. ... Like in case of joint tenancy, on death of one co-owner, the share of ownership automatically passes on the surviving co-owner. 


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