Want to buy property from holder of sale agreement cum GPA
2 years ago
Hello sir, I am looking to purchase non layout plot from a guy who paid previous owner consideration fully and paid stamp duty of 5% on it. But he entered into sale agreement cum GPA with previous seller. I am insisting buyer to call previous seller for atleast witness sign. However, he is refusing and saying they don't have any rights to come back and sign..can you please advise sir..
No, purchasing from a GPA Holder is extremely dangerous. Obtain legal advice by presenting all pertinent documents to a real estate attorney. It is impossible to say whether that person has the legal right to sell without the knowledge of the property owner without examining the terms and circumstances of that registration instrument.
Thank you!
A.Dear Sir,
No, purchase through GPA Holder is very risky get legal opinion by showing all the relevant documents to any property advocate.
I could have explained more if background is known to me.
Please give me FIVE STAR if satisfied by my answers.
Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
Sale deed mentions that roof has ownership to owner(builder) not flat owner
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