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Rajan   24 October 2016

GPA with consideration

Hello Lawyers!! I'm in need of this info. Please guide. Land : Tamilnadu Deal: POA with consideration. I have paid for a part of the land. The land owner is willing to give POA. How to do it? There is something called POA with consideration. It says stamp 4% on consideration + 1% reg charge on consideration . My question is this better than a GPA and what is this percentage mentioned ?? On the market value of property or on the part payment done to get a GPA? Please explain . Thank yoi


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 2 Replies

Rajan   24 October 2016

I was informed today thatThe Sub registrars office don't do GPA with consideration and also sale agreement with posession .how to do it.theu have instructed the doc writers not to prepare such a document .

Rajan   24 October 2016

I was informed today thatThe Sub registrars office don't do GPA with consideration and also sale agreement with posession .how to do it.theu have instructed the doc writers not to prepare such a document .

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