GPA POA Validity in Karnataka back in 2005
26-Jul-2023 (In Civil Law)
Hello Team,nI would expect Advocates From Karnataka State to answer my query.nnWas there any compulsory registration of GPA/POA back in 2005?nSome of them have used Unregisterd but "NOTARISED" GPA/POA to execute sale of Immovable properties. I have one too.nI have posted this few months ago but I got two different answers and someone asked me to Talk to 'ADVOCATES FROM KARNATAKA OR KARNATAKA BAR ASSCOCIATES'.nnCould you please tell me is this valid or not?
Is notarised GPA valid in Karnataka?
The Indian Registration Act of 1908 requires that General Powers of Attorney be registered to sell, mortgage, gift, exchange, create or release rights. Registration of GPA is mandatory in this case. In this case, GPA notarized is invalid. C. 21-Oct-2017
Is GPA valid without registration?
To be valid, a GPA must first be registered with the Sub-Registrar Office. The GPA does not have an indefinite validity period. The GPA is valid during the life of the principal and can be revoked at any time.
What is the stamp duty and registration charges in Karnataka 2023?
The stamp duty rates in Karnataka are determined by the property values. Stamp duty rates will be as follows in 2023: 3% for properties worth less than INR 45 lakh. 5% for properties worth more than INR 45 lakh. 05-Oct-2023
What is general power of attorney in Karnataka?
A General Power of attorney (GPA) is a document that gives another person the authority to act in his place on matters of property. Mr. Selvaraj is a landowner in Bangalore and wants to sell his property. 29-Jul-2023
GPA registration is possible in all sub-registrar offices in Karnataka. GPA registration does not depend on the jurisdiction of where you own your property. If Principal and attorney live in different locations, principal can register GPA at nearest sub-registrar and courier GPA to attorney.
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Karnataka Registration Rules pdf
Karnataka Registration Department website
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Kaveri Online
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