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___Raja___ (x)     23 September 2009

Re-sale flat registration using bank POA

Hi,

My brother has taken a loan from a bank and executed a POA with them so that I can deal on all property matters on his behalf. The POA mentions that it can be used for flat registration and paying stamp duty. Can this POA be used to register a resale property or will I require a seperate GPA to do this? My brother is currently out of the country. In case it is not possible to use this POA what are the options I have while buying a resale property?



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 1 Replies

BHANU RASPUTRA (ADVOCATE & SOLICITOR divyatta.r@gmail.com)     18 October 2009

if ur brother has given power to purchase any immovable property , tehn u can buy any immovable property , wherther it is 1st sale  or resale  property.

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