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People often lack information about the rules and regulations related to property. He remains entangled in questions related to these. Property related disputes usually arise due to lack of information. In such a situation, people should have a general understanding of the rules and regulations related to property. One such issue is ancestral property. In this article, we will solve one such confusion related to your ancestral property and tell you how ancestral property can be sold and with whose consent-
What is ancestral property?
If we look at the general classification of land in India, the land acquired by any person is mainly of two types. The first is that which the person has purchased himself or has acquired by gift, donation, or by giving up his rights (not taking his share of the land), etc. This type of property is called self-acquired property.
Apart from this, the second type of land is that which the father has received from his ancestors. The land thus acquired is kept in the category of ancestral property. The laws for selling ancestral property are slightly stricter than for self-purchased property.
Who can sell ancestral property?
Four generations of the family have claims on the ancestral property. If a decision is to be taken to sell this property then this property cannot be sold on the basis of personal consent of any one person. Nor can it be sold based on the decisions of its partial owners.
To sell ancestral property, consent of every stakeholder (including daughters) is required. When all parties agree the ancestral property can be sold as per legal procedures.
Legal recourse can be taken if selling without consent
If the ancestral property is sold without the consent or consultation of the parties concerned, the other parties concerned can send a legal notice in this regard. In such a situation, the sale of the property may be banned or the sale may even be cancelled.