Dear Sir,
I had purchased a vacant site from GPA holder (assume X), the X had registered GPA cum Sale agreement from Z, he paid all the amount to Z and I purchased from X and paid all the agreed amount and registered in my name.
Recently I approached a banker for a loan and gave this documents as surity and the banker referred the same to his panel lawyer.
The panel lawyer said the everything is ok with the site and documents and asked me to produce a Affidavit duly signed by the first seller Z (the person who gave GPA cum SALE).
In the Affidavit the matter contains "the GPA cum SALE is agerrment is live and I am still alive".
Actually the person Z is alive and he is in abroad and we can't trace him.
Now my doubt are:
1. Is it necessary to produce that affidavit
2. what are the legal problems in future
pls guide me.
Regards,
P Prabhakar Varma
09347335155