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How to register property on the basis of GPA during sale?
12-Oct-2023 (In Property Law)
I have a GPA of my property and I want sell it but buyer is looking for registry. Can I transfer the property to registry or buyer has to contact the person who has registry of property?
SA/GPA/WILL transactions are not transfers or sales and that such transactions cannot be treated as completed transfers or conveyances. But they can still be treated as existing agreement of sale. Nothing prevents affected parties from getting registered deeds of conveyance to complete their title. Both the buyer and the seller can go the Registrar’s office and get the sale deed registered.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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Is notarised GPA valid in Karnataka?
The Indian Registration Act of 1908 requires that a General Power 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
Should GPA be registered or notarized?
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.
Is notarized power of attorney valid in India?
According to the Indian Evidence Act, an executed power of attorney authenticated by Notary Public is presumed to be properly executed. The Indian Evidence Act section 85 reads as follows: 85. Presumption of powers of attorney. 24-Mar-2018
Does GPA need to be registered?
Implementing GPA in India
The GPA must be signed and authenticated before the Registrar, Sub-Registrar, or District Officer in whose district the Principal lives.
hi, you can transfer the property through GPA also provided your GPA must be registered with the sub registrar and after getting verification from that registrar you can transfer the property to any person. there is no need of registered owner of the property.
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Adv. Akash Gupta
Gurgaon | 100+ Answers
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