My friend in USA wants to buy a land in Bangalore. She is ready to execute a GPA in my name. She also wants to get loan from the local bank for this purchase. My questions are :-
1. should i get a GPA or special power of attorney?
2. What is the procedure of getting the GPA done, as my friend is in USA?
3. Can a GPA given to me(a friend)?
4. How it can be registered in india without the presence of my friend in USA?
5. Should i get a separate GPA for availing loan amount from bank and for purchase of land?
6. Does any of you in LCI have a format of the GPA?
Thanks for your help in advance.