ciba thinker
(Querist) 28 January 2010
This query is : Resolved
Can the gpa holder sell or lease the land without including the owner in the deal? i have given power of authority of my land to my uncle with this condition that he can use it as he likes. i have given him exclusive rights to do what he wants with that land and also that i don't want to be part of any deal he makes or the money he gets from the land. i just want him to have that land all by himself doing what it seems fit for him. my question is if in the future he wants to sell or lease the land to someone, is my presence or signature needed in the deal of selling or leasing?
A V Vishal
(Expert) 28 January 2010
Your presence is not required, however, since the GPA is one for sale of immovable property it must be registered to make it a valid document and further stamp duty also requires to be paid on the document.
Your presence may not be required. Are you not interested in how your land is sold for the best value? The way you have narrated the story looks like there is some hassle in selling the land.
In case of any dispute regarding title of the property, even though sold your uncle as GPA holder, you would be liable to clear the disputes at your cost.
Sachin Bhatia
(Expert) 29 January 2010
agree with the above experts
Dhiren Akbari
(Expert) 29 January 2010
agreed with above opinion
Guest
(Expert) 30 January 2010
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