When there are two or more heirs, can one or two be made full owners by others taking money in lieu of their share?
Yes, any of the co-owners can individually or collectively release/relinquish his/her/their right in favour of one or more collectively as the case may be and make him/them as full owner. This kind of release/relinquishment can be with or without payment of money. This document is called Release Deed or Relinquishment deed. Release can be made not only in case of inherited property but also in case of joint purchase/acquisition.