Buying a property 'b' khata
Kiran Nadella
(Querist) 06 February 2012
This query is : Resolved
Hi,
I am buying the Property 'B' Khata its near
" Chikkabettahalli" property papers Like GPA Property(i.e., GPA Registered) it is safe or not.Please guide me
Thanks
Nadeem Qureshi
(Expert) 06 February 2012
Dear Kiran
according to SC Judgement the property sell or buy through GPA is illegal.
feel free to call
Kiran Nadella
(Querist) 06 February 2012
Hi sir,
GPA is registered in 2003-2004 in bangalore
shall i call u or chat
Devajyoti Barman
(Expert) 06 February 2012
Sale through GPA is not wholly illegal but it depends on circumstance and upon the relations of the parties.
Kiran Nadella
(Querist) 06 February 2012
what is mean by confirmation of General power of Attorney and Deed of Declaration.Please do the needful.
THanks
Kiran Nadella
(Querist) 06 February 2012
if the seller is NRI and gave to GPA Father-in-law its valid or not
Kiran Nadella
(Querist) 06 February 2012
Hello Sir's
Please let me know.
Devajyoti Barman
(Expert) 06 February 2012
yes it is valid if properly executed and adjudicated.
Raj Kumar Makkad
(Expert) 07 February 2012
If GPA is duly registered and has not been cancelled on the day of execution of the agreement then there is no problem to purchase the property through him. It shall be an additional beneficial for you if you personally visit and meet to the original owner and make entire enquiries from him to avoid future complications of any type.
As per law, a buyer should be vigilant on all counts.