P K SAHOO
(Querist) 15 November 2014
This query is : Resolved
dear team the landowner has executed a regd power of attroney in name of x and x wants to sell said property . the purchaser has applied for purchse the property in bank. but who will sign in sale deed and how will recived the paymmet land owner or legal heir. kindly reply
Devajyoti Barman
(Expert) 15 November 2014
The X can sign the deed and X can receive the payment also but he is obliged to hand over the same to the land owner.
Advocate Bhartesh goyal
(Expert) 15 November 2014
yes,x can sign the sale deed and receive sale consideration.
ADV-JEEVAN PATIL, MUMBAI
(Expert) 15 November 2014
Landowners of his own acquired property n who executed sale deed should receive.
ajay sethi
(Expert) 16 November 2014
holder of POA ie X can sign sale deed and receive consideration
Advocate. Arunagiri
(Expert) 16 November 2014
Power of attorney can sign and receive sale value.
Rajendra K Goyal
(Expert) 16 November 2014
POA associated with selling rights holder can sign sale deed and receive payments.
T. Kalaiselvan, Advocate
(Expert) 17 November 2014
Did the purchaser apply loan for purchasing the property, then the bank will settle the sale consideration amount to the POA agent.
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