Self Acquired property and Joint estate
| Feature | Joint Family Property (Ancestral) | Self-Acquired Property |
| Source | Inherited from paternal ancestors (up to 3 generations) or thrown into common stock. | Earned by own exertion, skill, or gift from a stranger/friend without using family funds. |
| Ownership | Corporate ownership; members have a fluctuating interest by birth. | Absolute ownership; the individual has total control. |
| Alienation | Karta can only sell for "Legal Necessity" or "Benefit of Estate." | The owner can sell, gift, or will it to anyone without consent. |
| Devolution | Formerly by Survivorship (now modified by 2005 Amendment to follow Succession). | Devolves by Succession (to legal heirs) or by Will. |
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