Akruthi (System Analyst) 30 March 2012

Property sale through gpa

Hi,

We are interested in buying a flat in bangalore. The flat is owned by two brothers - A & B. Mr A has underwent a surgery and is physically unable to travel and Mr. B is in USA. Now, they are proposing that the GPA is given to a person C. Mr. C is sign the sale agreement and Sale Deed.

Is this legal or is there anything that I need to consider. Please advise.

Thanks,

Akruthi

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4 Replies

Adv.R.P.Chugh (Advocate/Legal Consultant (rpchughadvocatesupremecourt@hotmail.com)) 30 March 2012

Dear Querist,

Though it is legal - tread with caution. Make sure the GPA in favour of C is registered, and as regards B since he is outside the GPA has also to be authenticated by Indian Consul in USA

Akruthi (System Analyst) 30 March 2012

Thank you so much for your reply. Appreciate it.

Akruthi (System Analyst) 02 April 2012

Hi,

They are informing me that the GPA need not be registered as Mr. C is just going to execute the Sale Deed and all the money would be given to Mr A and Mr B. The GPA is just notarized. Is this okay? Please respond as this would help me decide whether or not to go ahead with the deal.

Thanks.