Does GPA holder has right to sell his share of property
28-Jan-2023 (In Property Law)
is it mandatory to register GPA in case when JDA is executed at delhi . does the GPA holder have rights to sell his share in the property when there is a collaboration agreement between land owner and developer?
Registration of GPA is mandatory to benefit any rights post September 2012 after the judgement of the suoreme court. GPA holder can sell the property for the attorney is given only when the executor is alive. The GPA comes to an end when the executor of the GPA dies. Further the terms of the collaboration agreement will also be seen to give further advice as to whether it creates any parallel rights towards the builder.
Helpful?
42+
there are various implications to the query as asked by you. In view of Suraj Lamps judgment passed by the Supreme Court the GPA holder does not have much rights to say the least. For conclusive opinion on the matter you are advised to get in touch
Helpful?
38+
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."