Home |Property Registration | When there are two or more heirs, can one or two be made full owners by others taking money in lieu of their share?

When there are two or more heirs, can one or two be made full owners by others taking money in lieu of their share?

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Raju Raju
Answered on December 06,2019

Yes. Any of the co-owners can individually or collectively release his / their right in favour of one or more collectively as the case may be and make him / them full
owner. This kind of release can be with or without payment of money. This document is called Release.
Release can be made not only in case of inherited property but also in case joint purchase/acquisition.

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