Dear All,
First of all thank you to the creators and users for creating and using this wonderful platform to exchange thoughts. I will be helpful if someone answers my following queries:
I am going to purchase a resale property located at Kharghar, navi Mumbai, Dist Raigad, maharashtra. The first owner did not take the possession till date and builder will handover the same to second owner. First owner is currently residing abroad, so she gave specific POA to her sister to execute the sale. The POA was signed infront of the foreign consulate and stamped. The POA holder (owner's sister) signs the same in India and getting it registered with sub registrar.
the sale deed will be executed between me and the POA holder (owner's sister) without presence of actual owner with the help of POA.
Now my questions are : 1. Is the above process is legally fullproof to avoid any further property dispute?
2. I have given a token money in name of original owner (Not POA holder). Does the rest of payment to be made in original owner's name?
3. What are the necessary clauses to be mentioned in POA, Sale Agreement, Sale deeds in this particular case to avoid legal dispute.
4. Any other advice ?
