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raghunandan (lawofficer)     12 September 2015

SALE PLUS GPA

we have taken gpa cum sale on certain property from owner , later we started a real estate venture on that property and started selling the plots and after 3 yrs we came to know tht real owner of tht property expired within 1yrs after delivering gpa cum sale agreement to us , his legal heirs didn't inform the news on his father death to us ,so wht is our gpa position here and also wht is the status of the plots which we sold after the death of owner , whether they have vaildity or not?


Learning

 2 Replies

R. Jayakumar (ADVOCATE)     12 September 2015

If the grantor (Principal)  of the Power of Attorney died the Power of Attorney document automatically cancelled. So Sale Deed  documents executed after death of the Principal also invalid so cancell the sale deeds and execute fresh sale deed documents for the Purchasers  with the help of Legal heirs of the principal (or again get the Power of attorney from the legal heirs)

Kumar Doab (FIN)     12 September 2015

What is GPA Cum Sale?

Is it GPA with power to sell?

Has any of the legal heirs signed as witness?

In any case you were not notified.

You may certainly apparoach an able lawyer specializing in such/property/civil matters and also try to resolve with legal heirs.


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