Transfer interest in unpartitioned property among legal heirs
10 months ago
What is the correct procedure to be followed if one legal heir wants to buy another legal heir's interest in unpartitioned property having 4 legal heirs. Partition is not an option.
I know release deed is not the right way.
A.Dear Client,
In case of unpartitioned/undivided property, one legal heir cannot transfer the title of his share to another legal heir even in case of ancestral property on receipt of consideration money until and unless the property is divided between the legal heirs. However, a legal heir can transfer his undivided share in the property to another legal heir either through a Gift or a Will. Get in touch with an Advocate for guidance and steps.
In case of unpartitioned/undivided property, one legal heir cannot transfer the title of his share to another legal heir even in case of ancestral property on receipt of consideration money until and unless the property is divided between the legal heirs. However, a legal heir can transfer his undivided share in the property to another legal heir either through a Gift or a Will. Get in touch with an Advocate for guidance and steps.
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