GPA is valid to buy a Plot
23-Jan-2023 (In Property Law)
I am planning to buy a plot in Hyderabad but the land owner is in US and gave GPA to his friend (Not a blood relation). Just wanted to know is this safe to buy the plot and what are the precautions should i take to proceed to buy. Please advise
Purchase of house through GPA is valid if GPA is duly registered and stamped. the owner must have given the GPA in favour of his friend, in that case GPA must be supported by a registered Agreement also, in addition to this a sharing/supplement agreement must be also duly executed between the land owner and friend for any one of these documents to be legally binding. so furnish the necessary information at the earliest.
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