GENERAL POWER OF ATTORNEY OR SPECIAL POWER OF ATTORNEY – IN THE COURSE OF SALE OF PROPERTY


The GPA or SPA must be registered with the jurisdictional sub-registrar and there is NO IRREVOCABLE POWER OF ATTORNEY, unless consideration or any amount paid to the executant or the principle by the agent or the attorney holder.

The GPA cannot be revoked or withdrawn or cancelled without the repayment of the amount received by the executant or the principle.

The registered GPA can be withdrawn or cancelled or revoked only by the DEED OF REVOCATION or by the decree of a court or by the consent of both the parties.

If the GPA is executed abroad must be validated or stamped by the concerned District Registrars in India, to execute the sale deed of a property.

Caution must be exercised, while, scrutinising the documents regarding the executant, date of execution, age of the parties, signature of the parties and the flow of titles.  If the executant of the principle has expired, then the GPA is not valid or becomes unenforceable.

 

DO YOU HAVE A GENERAL POWER OF ATTORNEY FOR THE PROPERTY BOUGHT BY YOU?


DID YOU BUY A PROPERTY THROUGH GPA AND COULD NOT REGISTER IT IN YOUR NAME?

CHECK NOW- YOU HAVE TO REGISTER IT AT THE REVISED GUIDANCE VALUE! 

THE SELLERS MIGHT NOT OR MUST NOT HAVE REVOKED THE GPA EXECUTED IN YOUR FAVOUR?

OR IT IS ALWAYS SAFE TO GET IT REGISTERED FROM THE SELLERS THAN THE GPA.

GPA IS A VERY VOLATILE DOCUMENT.  IT COULD BE REVOKED BY THE PRINCIPLE AT ANY TIME.  CHECK-DOUBLE CHECK, BEFORE YOU BUY ANY PROPERTY THROUGH A GPA HOLDER OR PROPERTY REGISTERED BY USING A VALID OR INVALID GPA.