A Guide to Law on Succesion of Property in India
An individual’s right to acquire, hold and dispose of the property is recognized since the beginning of civil society. Property can be immovable or movable. You also get the liberty to dispose of your property in the desired manner whenever you wish to. For immovable property, in case of one’s demise, one can exercise this right during his or her lifetime with the help of making a “Will”. Such a type of succession is called testamentary Succession. Inheriting immovable property without any will is called Intestate Succession. The laws related to a succession of the property mainly deal with determination of the right and property title of a deceased person. Aspects like who will be the legal heir of the property and in what order they succeed to the legal ownership of the property owned by a deceased person is as per the law of succession. Indian Succession Act, 1925 governs succession by will that ensures making, execution and administration of wills. Will is a document that of c