Inheritance succession means the manner in which the property is distributed or transferred after the death a person either by his/her own will or by legal provisions.

Pursuant to the Mongolian legislation following persons are entitled to the devolution of the property and are deemed as rightful heirs:

• Husband, wife /the marriage shall be duly registered/, child and adopted child, child born after the death of the person, parents and adopted parents.
• If persons stated above are absent or such people denied the interitance succession, then grandparents, brothers, sisters and grandchildren.
• If persons stated above are absent or such people denied the interitance succession, then great-grandchildren.

In case the rightful heirs mentioned above did not reside at the same address together with the deceased person, then he/she shall file the request on the receipt of the inheritance property to the notary within 1 year upon the date of the death of the decedent. If, however, both the decedent and the rightful lived at the same address such requests are not required.

Moreover, if they failed to file such requests, it shall be deemed as denial from the inheritance. Also, one shall register the request on the denial from the inheritance within 3 months after the death of the decedent.

In case there are several heirs, then the covenant and settlement regarding the allocation of the property to be inherited may be certified at the notary. If the related parties fail to do settle the dispute amicably, then such succession dispute is a subject of the court jurisdiction.

One shall also consider the fact that the succession is not restricted solely to the property and its associated rights, but the obligations and liabilities of the decedent shall be devoted to the heir in accordance to the inherited property.

The heir shall submit the “Request on the certificate of the inheritance succession” at the notary of the district where the decedent resided and the “Certificate of the inheritance succession” is granted 1 year after the death of decedent.