Difference Between Self-Acquired and Ancestral Property
Self-Acquired Property and Ancestral Property:
Difference Between Self-Acquired and Ancestral Property
| Aspect | Self-Acquired Property | Ancestral Property |
|---|---|---|
| Definition | Property acquired by an individual through their own efforts, income, or purchase. | Property inherited by a male Hindu from his ancestors up to four generations. |
| Source | Earned, bought, or otherwise obtained personally by the individual. | Passed down through generations from father, grandfather, great-grandfather, and great-great-grandfather. |
| Ownership | Sole ownership belongs to the person who acquired it. | Co-shared ownership by coparceners (male members) of the joint family. |
| Right of Female Members | Women have absolute ownership and can dispose of it freely. | Before 2005 amendment, women had limited rights; post-2005 Hindu Succession Amendment Act, daughters have equal coparcenary rights. |
| Right to Dispose | Owner can sell, gift, or mortgage the property without consent of others. | Cannot be sold or disposed of without consent of all coparceners. |
| Legal Control | Individual full control over the property. | Joint control among coparceners; disputes may arise. |
| Example | Salary earned by a person used to buy a house. | Property inherited from grandfather that is shared among male descendants. |
Summary
Self-Acquired Property is individual property earned or bought by a person.
Ancestral Property is inherited property passed down through generations within a Hindu joint family.
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