Gpa trf
manoj
(Querist) 18 October 2011
This query is : Resolved
MY FRIEND HAS A FLAT ON GPA
OWNER ISSUED TWO GPA ONE FOR SALE AND ONE FOR MANGEMENT -ONE TO FRIEND AND ONE TO HIS WIFE
FLAT IS OF GOVT HOUSING ORG
NOW AFTER SC VERDICT ON OCT 11-NO TRF IS NOT ALLOWD ON GPA
BOTH HUSBAND AND WIFE CANNOT TRF THEIR FLAT ON THERIR ON WON NAME BCZ BOTH HAVE ANOTHER HOUSE IN SAME STATION-CAN THEY TRF TO THEIR DAUGHTER
NOW HOW THEY PROCEED FOR TRF IN HOUSING ORG
R.Ramachandran
(Expert) 18 October 2011
Dear Mr. Manoj,
Whether the GPA in favour of your friend is a Registered GPA?
Whether the person who granted the GPA is still alive?
If answer to both the above questions are 'YES", then on the basis of the GPA, your friend has to execute a CONVEYANCE DEED in favour of the daughter, and have it registered with the sub-Registrar. This will involve payment of Stamp Duty and Registration Fees.
Thereafter, on the basis of the Registered Conveyance Deed (i.e. Sale Deed), one can approach the Housing Organization for mutation of the name of the purchaser in the records.
prabhakar singh
(Expert) 18 October 2011
IT IS ALL ABOUT INQUISITIVENESS LATEST JUDGMENT.
manoj
(Querist) 19 October 2011
Mr R ramachdran
thanks for reply
both the GPA ARE REGISTERED AND OWNER IS ALIVE.
MY FRND GPA IS REGD IN OWNER CITY/STATE
CAN FRND execute a CONVEYANCE DEED in favour of the daughter IN HIS HOME TOWN
manoj
(Querist) 19 October 2011
THANKS FRO ALL REPLY
R.Ramachandran
(Expert) 19 October 2011
Yes, on the basis of the registered GPA, the Conveyance Deed/Sale Deed can be executed and registered after paying proper stamp duty and registration fee.
