Buying property from POA holder - son of owner
I am planning to purchase a property in Gurugram, Haryana. The seller is an NRI living abroad- his son says he has a registered ( in Gurugram) power of attorney authorising him to sell the property and execute sale deed. Seller is not planning to visit India for the sale.
Should I proceed with the transaction? If so, what precautions and due diligence should I take ? In case the seller dies before registration of sale deed, will the agreement to sell executed on the basis of above POA be valid, binding and enforceable in Court ?
Thanks
Asked 2 years ago in Property Law
Religion: Sikh