Buying Property that has been registered through sale deed using General Power of Attorney.
Hi, this query is related to the GPA. We are in process of purchasing an agricultural land and during the legal verification we see that one of the sale deed has been executed through GPA. The owner of the property has executed a GPA in year 2016, in favour of some third person (name-XY) and in the clauses it is clearly mentioned that the GPA holder has right to either manage or can sell his property to anyone. This particular GPA has been registered and authenticated by the Sub-Registrar. Upon this, a sale deed has been executed in year 2017 and the property is transferred to the GPA holder himself upon presenting the executed GPA to the Sub-registrar. RTC and all other required documents has been transferred to the GPA holder upon executing sale deed. Can this property be purchased or do we see any legal issue?
Asked 3 months ago in Property Law
Thanks for all the response. Please clarify the following question,
1. As stated above, the property is transferred to the GPA holder himself through Sale deed upon presenting the executed GPA to the Sub-registrar. In the "sale deed" there is no signature/authentication of original owner and his family members as the GPA has been executed. Is that acceptable?
2. Can the registered GPA revoked any time, in other words does the owner who executed GPA can send a notice of revocation to GPA holder and transfer the property to anyone else in future through Registered manner ?
Asked 3 months ago