rangavittala (exe) 11 February 2011
One of developer who is developing a residential project :
titles are
a GPA holder got registered GPA and Joint development agreement from land lords, but in in Joint development agreement developer has rights,share of 80% property only and 20% to landlords.
now GPA holder sold 100% property to other parties, now this ratio is applicable to parties also or only GPA holder?
M. A. Khan (advocate) 11 February 2011
Under development agreement if 20% is given to landlord, it is landlord who should sell that 20%. developer is not entitled to sell that portion.
Adv. K.S.A.Narasimha Rao (legalquestadvisor@gmail.com ) 14 February 2011
RangaVittala
Your Querry can be clearly explained only after going through the terms and conditions in specific regarding the GPA powers specified therein.
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