Dear Sir's,
I am about to buy a property, a DDA flat in Delhi. The proprty is freehold. The property was jointly owned by Husband & Wife (Mrs A). Husband passed away around 10 years back and the survivors were the WIFE (Mrs. A) and TWO Daughters. In 2010, the TWO Daughters relinquished there share in the property to their Mother (Mrs. A) in the following manner:
1. ONE Daugter (Mrs B) resides in India and relinquished the right in the courts (with photograph, signatire etc)
2. SECOND Daughter (Mrs C) resides in USA and hence issued a POA (notarized only in USA) in favor of her sister (Mrs B). And hence, the Daughter residing in India (Mrs B) relinquished the right of her Sister in USA (Mrs C) basis this POA in the Court.
The Relinquishment Deed Mentions that the Daughter residin in India (Mrs B) is relinquishing the right of her Sister in USA (Mrs C) vide basis the attached POA notarized in USA.
Is this procedure and RD fine ?
Currently, the Seller (Mrs A) only has the photocopy of the POA and the Roginal is Missing. She claims that the Priginal was submitted to the courts basis which the RD was executed.
Pls advice, if this deal is fine and whether I can go ahead.
With regards
Ashish
