Gpoa
yuvnesh subramanian
(Querist) 08 June 2012
This query is : Resolved
A has given B GPOA FOR 4500 sqft Vaccant land.B has given GPOA to C. after two years C has given GPOA CUM SALE AGREEMENT to D. Now my friend is going to purchase the property of A.where as if D executes the sale deed is valid or not? all the GPOA are registered. Issue is based on chennai area. pl advice?
J K Agrawal
(Expert) 09 June 2012
it is valid but you are at big stake of risk.
You should have signs of A only.
In deed the power of attorney are not POA, they are transfer for consideration form a to B and then to C and to D. That is why the A is not ready to honor his POA. Such transfers of property in shape of POA are not valid. The Supreme Court is very strict to prevent such type of transfers.
M/s. Y-not legal services
(Expert) 10 June 2012
without knowing the contents of the gpoa we cant give proper advise to you..
better obtain legal opinion from your near by advocate.,
-tom-
Shonee Kapoor
(Expert) 19 June 2012
The property needs to be freehold before the same can be sold now.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
