sreearyan (other) 08 July 2013

Gpa power

Hi,

Iam planning to buy a house in bangalore , but concern is iam staying aboard . Can i give GPA to my father

to purcahse a land .

Any legal point need to taken care during registration

Iam taking loan from bank also , with SPA with my father name .

Please help me out on these , Some Question in my mind.

1> Can GPA holder Purcahse House / Land behalf of me ?

2> Should we do registration again to transfer property form my father to me ??

3> Can GPA holder sell property ?

4> Property will be in my Name ?

5> If i want to sell property , i need GPA holder signature while registration

Reply Follow

3 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 08 July 2013

GPA holder can do anything on behalf of you. No problem. GPA is your father , you can put faith on him.

Ajit Singh Cheema (practising Advocate) 08 July 2013

The pointwise reply is as under:

1)Yes , he can purchase the house in your name.

2) The house should be purchased and registered in your name.

3)He can sell the property if authorised to sell.

4)The property should be in your name.

5)If you want to sell the property you donot need the signature of GPA holder.You are the Principal and he is your agent ,only to act on your behalf.

sreearyan (other) 08 July 2013

Thanks , Rama Chary and Ajith Sign for all Response :)
I have faith in my father :) , but iam not clear with Procedures .
Some more question s
1> What's procedure to purcahse house by GPA Holder , behalf of me .
2> Do i need to sign any documents ??
3> Please let know full procedure
thanks
Sreearyan

Gpa power

3 Replies

Leave a reply

Recent Topics

Related Threads

Popular Discussion

Browse by Category