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Can a given GPA be revoked later
31-Aug-2023 (In Property Law)
Hi, I am a NRI who bought a house in Bangalore 2 years back through LICHFL loan with my father as GPA holder. Now I afraid he is thinking to have my house divided between me and my brother. Can I revoke the GPA I gave? I am not sure if I have revocable GPA or irrevocable GPA. My father hasn't shared any POA or GPA copies with me. Can you please suggest what I can do to stop misuse of GPA? Thanks
If you have not taken any consideration on account of giving the GPA then you have no problem in revoking it. But you need to at least recollect what were the powers and terms you included in it. Anyway, you need to act fast.
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Adv. S.K Prabhakar Shetty
Bangalore | 500+ Answers
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What is the validity of GPA?
The General Power of Attorney (GPA), which is valid until the death of the principal or the attorney, can be revoked at any time. GPAs can be valid for a specific period, such as 1 year, 5 years, or until the transaction or legal task that was performed.
How power of attorney can be revoked?
PoAs can be revoked if the principal is still mentally sound. They are automatically cancelled if the principal dies. The principal must notify the agent of the revocation in writing, sign it in front of a notary, and then deliver the document to the agent. 07-Nov-2022
Is a GPA revocable or irrevocable?
Even if a GPA is irrevocable, it can still be revoked. It also expires upon the death of its grantor. Law does not recognize any irrevocable powers unless they are accompanied by an interest.
How do I terminate my GPA?
Step 1: Create the draft using a word document. ...
Step 2: Print out the draft on A4 or Bond paper.
Step 3: Pay stamp duty and registration fees. ( ...
Step 4: Take the documents you need to the same sub-registrar where you registered your GPA.
Yes for sure u can revoke your GPA.
Send a notice of revocation to GPA holder.
Execute a deed of revocation of GPA.
then take a paper publication ,for the purpose of public notice , stating that the above said GPA has been as on date. So that no 3rd party deals with GPA holder.
Send a notice of revocation to GPA holder.
Execute a deed of revocation of GPA.
then take a paper publication ,for the purpose of public notice , stating that the above said GPA has been as on date. So that no 3rd party deals with GPA holder.
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Adv. Shreyas A
Bangalore | 25+ Answers
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A GPA if signed before a notary public is a revocable GPA but if it's registered then it could be irrevocable based on the averments made therein.
By sending a registered letter acknowledgement due or by RPAD GPA can be terminated. The termination can also be published in newspaper so that even the general public are informed about the cancellation of GPA.
By sending a registered letter acknowledgement due or by RPAD GPA can be terminated. The termination can also be published in newspaper so that even the general public are informed about the cancellation of GPA.
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Adv. Praveen Pinto
Mangalore | 25+ Answers
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A person can bring a suit for declaration before a Civil Court in order to declare a GPA as illegal or null and void for various reasons, including fraud, misrepresentation or coercion.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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