Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Naveen Kumar   23 November 2019

Need Clarification on Sale Deed & Agreement of sale cum GPA

Hi Team,

Thank you very much for providing this platform to public.

Party X,Y made an Agreement of sale cum GPA to party A,B,C,D,E (They are managing partners of a company).

Now, party A,B,C,D,E ( Vendor) sold part of property ( Means a plot) to party Q (Vendee) through a sale deed. In this sale deed, Party XY (Principals) name is there but their signatures & photos are not there.

Does this sale deed is valid because principals signature & photo are not there in the document but all managing partners have signed the document along with their photos and proof of identity??


Learning

 4 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     24 November 2019

1. IF "ALL" relevant parties have not signed the Sale Deed and IF the Sale Deed is NOT duly Stamp Duty paid and Duly Registered, before the local Registrar of Sub-Assurances, THEN such Sale Deed is null & void for all legal purposes.

 

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

1 Like

Dr J C Vashista (Advocate)     25 November 2019

All the titleholders (vendors) has to agree, sign and execute Sale Deed, otherwise the transaction is incomplete and invalid.

It is advisable to consult a local prudent lawyer for better appreciation of facts/documents, guidance and proceeding.

1 Like

Naveen Kumar   26 November 2019

Thank you very much for your valuable response
@Hemanth Agarwal

Both the documents i.e., "Agreement of sale cum GPA" and "Sale Deed" is registered in SRO office.

In Sale Deed, All vendors (5 members) and vendee have signed the document along with thier photo and proofs but only principals (2 members) have not signed the document).
Is this valid if vendors (5 mem) died??

Naveen Kumar   26 November 2019

Thank you very much for the valuable response
@Dr J C Vashista

But in Sale Deed, all 5 vendors have signed the doc but only principals (2 members) signature and proof of identity is not there.

1)Is this valid if vendors died??

2) Having the Agreement of sale cum GPA document, does he can sell the plot via sale deed. Is this valid??

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register