Self Earned property

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Self earned property:

Self acquired property is the property that you have purchased from own incom. As far as your self acquired property is concerned, you are free to dispose of it in any manner you like. 


What is self earned property?

Any property that you acquire with your own money, would qualify as your self-acquired property. On the other hand, a property that you inherit from your paternal ancestores, is your ancestral property.


Who can claim self acquired property?

During the lifetime of the mother, a son cannot claim any share in her self-acquired property. In the case of Hindus, A son can, therefore, claim a right in the self-earned property of his mother if the mother has died intestate. Both son and daughter have equal rights.


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