GPA registration
Manish
(Querist) 13 December 2010
This query is : Resolved
I would request for your experts views/comments for the following situation
Situation
Co-owners (non-residents) of a property in gurgaon executed a GPA in favour of a resident indian to lease out their property and to take other steps incidental (maintenance, collection etc.) to lease in 2005. It was notarized but was never registered. The property was leased out.
HSIIDC issued a notice to the tenant and asked for lease deed which was executed through the GPA. On presenting lease deed, HSIIDC demanded for a copy of REGISTERED GPA. Now, couple of questions
1.. Is it obligatory to get these types of GPAs registered..?
2.. If yes, Can a GPA executed in 2005 be registered now..?
3.. If not, Can the co-owners execute a new GPA? What would be the process and will it effect the lease deed executed through the old GPA..?
4.. Also, Gurgaon SRO has a view that a GPA can be executed in favour of a blood relative. I understand it is not correct. Is their any notification/circular which proves my understanding..??
Thanks in advance
Manish
adv. rajeev ( rajoo )
(Expert) 13 December 2010
GPA registration is compulsory if it is executed in favour of third person except blood relation.
SRO is right.
It is better to execute the new GPA and execute the new lease deed.
Advocate Bhartesh goyal
(Expert) 15 December 2010
Document which is essential to be registered requires registered GPA.Lease Deed should be essentialy registered so execute another GPA and get it registered.
