The Daily Star
AsiaPac · 7 mins ago
Parents to retain rights even after giving property to children
Law minister says govt may amend property transfer laws 2 MIN(s) ago UPDATED 2 MIN(s) ago Star Online Report Law Minister Md Asaduzzaman. File Photo The government is considering amending property transfer laws to allow parents to retain the right to use and possess property during their lifetime even after giving it to their children, Law Minister Md Asaduzzaman said today.The proposed reform is expected to reduce the number of civil cases, many of which arise from disputes over property distribution and inheritance, he told reporters at the Secretariat."In Muslim law, there is hiba, while in Hindu law there is a will. In Muslim law, there is also wasiyyat (will)," the minister said.He explained that under the existing practice of hiba, ownership of property passes to the recipient immedi
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