Updated on July 08, 2024 01:30:03 PM
When an individual who accrued many assets in their life died so their assets transfer to their heirs. But if the deceased did not create any will at that time it is hard to distribute the estate in a manner. A Succession Certificate plays an important role to transfer the deceased’s property to his/her rightful heirs. Succession Certificate also aids to resolve disputes through legal procedures.
If you are also looking to know more about the Succession Certificate and its importance, you can continue reading this article. In this article, we will deal with the many important procedures and required documents that will help you to get the Succession Certificate in very less time.
A Succession Certificate is a legal document provided by the court for the transfer of immovable property from a deceased person to their legal heirs. An individual may request the Succession Certificate by submitting an application under Section 372 of the Indian Succession Act.
The applicant has to deal with the legal procedure for obtaining the Succession Certificate. Here the court inspects all the claims of the applicant and ensures the fair distribution of the assets among all the heirs who are eligible as a successor.
There are many importance of the Succession Certificate some of these are mentioned below:
Obtaining the Succession Certificate can take 4 to 6 months. Here is the complete procedure mentioned below:
Below mentioned documents are required for obtaining the Succession Certificate:
Litem Legalis is a team of experienced law firms with years of experience. If no objections are raised during the procedure, obtaining a Succession Certificate can be a lengthy and complicated process that takes 5 to 6 months. Here, legal advisors will make it easy for you to obtain the certificate. Our team will work to make the entire process simple. The Litem will be a suitable choice for you for a variety of reasons, including:
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A Succession Certificate is a crucial document that aids in distributing a dead person's inheritance to their rightful heirs. It is necessary to provide smooth succession and transparency, which facilitates fair distribution among all heirs. A Succession Certificate allows the heirs to claim authority over the dead person's moveable assets. The document also gives minor heirs protection upon the legally recognised property succession and safeguards their legal rights.
A Succession Certificate is a formal document provided by the court to facilitate the transfer of movable property owned by a deceased person's heirs.
Death Certificate, Pan Card of all legal heirs, Address proof of all legal heirs, and Written application form are the required documents for the Succession Certificate.
The heirs have to submit 2 to 3 percent of the total value of assets as court fees for the Succession Certificate.
Succession Certificate by the Civil Court where the deceased person was residence at the time of the death.
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