A succession certificate is required only for movable property, not immovable property. Here’s a detailed explanation: 1. Purpose of a Succession Certificate: A succession certificate is issued by a civil court under the Indian Succession Act, 1925, to establish the right of the legal heirs to inherit debts and securities of a deceased person. These include: Bank accounts Fixed deposits Insurance claims Provident fund dues Shares, bonds, and other investments The certificate grants the holder authority to collect the debts and securities on behalf of the deceased and to distribute them among rightful heirs. 2. Movable Property Only: The succession certificate applies to movable assets only. It is not used to claim or transfer immovable properties like: Land House Flats Agricultural fields 3. For Immovable Property: To inherit immovable property, heirs may rely on: Legal heir certificate (issued by revenue authorities) Registered will, if available Mutation of records in municipal or land revenue records Partition deed, if property is to be divided If there is a dispute over immovable property, the matter must be resolved through civil court proceedings, not by a succession certificate. Conclusion: A succession certificate is required for movable properties like bank deposits, insurance, and securities, especially where the deceased has not left a will. It is not required or applicable for immovable property, which is dealt with through other legal procedures or documents.
Discover clear and detailed answers to common questions about Succession Certificate. Learn about procedures and more in straightforward language.