Children will need parents' permission to sell property gifted by them under proposed law
In a Nutshell:
- Parents and children would both need each other's consent to sell the property while the parents are alive.
- District judges could allow a sale in exceptional cases, such as when parents need to sell property to cover urgent medical expenses but children refuse consent.
Why it Matters
The proposed amendment could change how property gifts work in Bangladesh by separating ownership from possession. While children would receive ownership, parents would retain the right to live in and enjoy the property for life, especially giving a legal safety net for elderly parents who may become vulnerable to financial insecurity after transferring assets. The reform also aims to reduce property disputes, which Law Minister Md Asaduzzaman says make up a major share of civil cases in Bangladesh.
What We Think
By allowing ownership to pass while preserving lifetime possession, the government is proposing a different way of handling family property transfers. Whether this becomes a useful protection or a source of more disputes will depend on how clearly the new amendment is defined.
