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Rakesh (mgr)     16 June 2010

Legal Docs of property

Dear Legal Experts, i was looking for a property for purchase. Upon checking the docs. i found that the original allotee has willed his property to another person before death. This second person has given GPA to third person and at the same time the same second owner ( to whom prperty was willed) has made a Sale Agreement to the wife of the GPA holder. Stamp duty has been paid on all docs. I am little confused by this that how can the owner give GPA to one and Sale Agreement ( Actual monetary consideration) to another ( GPA holder's wife).  The GPA holder has registered the GPA later though with the consent of the owner ( Will holder).

My qs. is whether this is all ok and whether i will get a loan to purchase this property.

Pl. advise.

Thanks in advance & Best Regards



Learning

 2 Replies

A V Vishal (Advocate)     16 June 2010

Be Cautious. Obtain a search report and detailed legal opinion before entering the contract.

BHOJ PRASAD (Officer - Administration )     17 June 2010

Dear Sir,


What is the Procedure to termination of workers, if he found guilty Eg. damage of company property .

 

Kindly sugest me.


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