• Specific Year
    Any

PARTNERSHIP ACT 1895 - SECT 32

PARTNERSHIP ACT 1895 - SECT 32

32 .         Conversion of real into personal estate

                Where land has become partnership property, it shall, unless the contrary intention appears, be treated as between the partners (including the representatives of a deceased partner), and also as between the heirs of a deceased partner and his executors or administrators, as personal and not real estate.