How To Buy House From GPA Holder

Dear Querist,

 

Please see the contents fo GPA. Is this registered/notarised? Get the property transfered in the name of B and then, you may think of buying of such property based on subsequent development.

You can purchase the property from the GPA before that go thru., the contents of the GPA

the property can be purchased by the Sale Deed executed by the GPA Holder but the GPA should not have been cancelled for any reason whatsoever  or in other words it should be in force at the time of execution.

It is advisable to get the sale deed registered in the name of B for the land by paying proper/deficit stamp duty. In the absence of such sale deed the title of B to the land is imperfect.

In case you are registering the sale deed in your favour through "B" on the basis of POA then he will be selling the land in the name of "A" to you.

The question will remain about the sale of super structure. This also needs to be sold to you. All these documents needs to be registred and proper stamp duty needs to be paid.

With regard the POA pl ensure that

the POA contains power to sell the land,

the  "A" is alive. In case "A" is not alive then POA has no value.

POA is not revoked.

POA is registered with the sub registrar

please take following

1. before execution get the indemnity from the original holder

2. get the NOC and confirm the paytment terms

3. pay the amount by DD or cheque

4. get the no due certificate after execution

If you are looking to acquire a home of your interest then you would surely like this https://notifymewhenlisted.com/ If it gets listed for sale then you will be informed about that. No problems at all.

                                Agreed.