AGREMENT FOR developmeNT AND GENERAL POWER OF ATTONEY
Querist :
Anonymous
(Querist) 18 September 2010
This query is : Resolved
SIR,
I have entered into registered Development agrement and general power of attorny.
1) to construct residental flat in owners land 1134sqyards.
2) as this is development agrement owers were given38%share in carpetarea constructed,we got 62 share.
3)their are 7 landloreds with whom we have entered into this agrement.ie father and his 2 sons & 4 daughter,total 7 members
4) All the 7 landlords were alloted flats according to their shares(38%)
5)HAS A buildercompleated construction of flats and given flats fallen to the share of landlords.
6) 13 flats were given to the share of land lords
7) 10 days back father expired, this property is of ansisters.
please give your suggestion,
1) Do i have rights to sell and register the flats fall to my share (builder)
2) is their any section in law which says i have right to my share,because we have invested money in construction.
3) if one gpa holders dies,what is the validity of gpa in this case, please help me outsirs,
Sri Vijayan.A
(Expert) 18 September 2010
1. There is no problem for you
2. The other 6 are the absolute owners now
3. As these 6 are alive, the gpa is still valid
4. However, pl make a fresh gpa executed by these 6 and get it registered
5. This is to avoid further and future problems
