Friday, 19 July 2024

Ownership of immovable property

 


How ownership of immovable property is acquired?

  • A person may acquire immovable property in any of the following ways: 
  • By inheritance of ancestral property. 
  • Through will.
  •  Acquisition by oneself such as purchase etc. 
  • Through gift, trust, settlement deeds.
  •  Grant, sanad / Inam by the Government. 
  • Through partition deed. 
  • Through decree of Court.
  •  There are two ways of acquisition: By act of parties. 
  • Example: Purchase, gift etc. By operation of law Example: Inheritance, decree of Court etc. (for details please see Transfer of Property Act, 1882 (Central Act))