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Ashish (A)     19 May 2013

Sale by builder in joint development

Hi,

I wanted to know if a builder, who has entered into a collaboration agreement with a house owner, can sell a floor just on the basis of a collaboration agreement in Delhi.  Especially given the fact that the sale under power of attorney is banned for the time being.

Thanks in advance.

Regards,

Ashish



Learning

 1 Replies

Manpreet Singh Sood (Managing Partner)     19 May 2013

The builder is bound by the development agreement.

 

But alongwith agreement, If you have also executed power of attorneyt to sell the floor then builder can sell floor.

POA is not banned. Frther assistance as requested by u on LI club contact manpreet1961@gmail.com , 9417245693


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