Buying a property from GPA holder Bangalore
Hi,
I am planning to buy a property in Bangalore and here is the scenario
- Property has been purchased by Ms.XYZ via GPA holder for Mr.ABC (year 2010)
- Ms.XYZ and Mr.ABC are father & daughter
- EC (encumbrance certificate) state the Property of Ms.XYZ represented by Mr.ABC
- Sale deed executed by Mr.ABC
- Now, I am buying this property
The problem is Ms.XYZ can not be present as she lives in abroad. But Mr.ABC will come for agreement of sale & registration.
- Mr.ABC has valid GPA copy registered in 2009
So,
- Is it legal to buy this property ? if yes, then what should be taken care while executing the deal
- Will I face any legal obligation, it at all I would like to sell this property in future..
Looking for valuable opinion on this..
Asked 8 years ago in Property Law
Religion: Hindu
In this case -
- On whose name payment should be made ? Ms.XYZ or Mr.ABC (GPA holder)
- Also, TDS should be paid on behalf of Ms.XYZ PAN or Mr.ABC PAN ?
- What proof we should ask to check validity of GPA ?
Asked 8 years ago