Plan to buy a property

sandykrish (Querist) 04 August 2014 This query is : Resolved
Hi Ld Members,

I'm planning to Buy a property in Bangalore:

Property History:

Society has formed a Layout and has been registered to a member of the society and the same has been registered in the 1993 and the leased period is indicated as 5 years, which is the member should not sell the site until 1998.

In the year 2000, the member has issued a GPA Notarized (Not a registered GPA)to xxxx person, in turn that xxxx person has registered the sale deed by the way of notarized GPA to YYYY person in the year 2002 and YYYY is in posession of the property since 2002 and have constructed the house in the 2004 and paying the taxes to the municipal authorities with valid Khata.

My questions to the Learned Members:

Is the above transaction is Valid from a legal per-say, because the Supreme court came up with the mandate that no more registration via the GPA notarized route. Since the above transactions has happened in 2000 and 2002 Can I buy the property?

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ajay sethi (Expert) 04 August 2014
GPA for sale of property has to be registered. in your case only notarised GPA is on record . before proceeding with purchase of said plot better contact a local lawyer .