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Q. Agreement of sale cum GPA

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Rohit T

posted 1 month ago

question iconAgreement of sale cum GPA

X and Y persons gave agreement of sale cum GPA to Z person. Now Z person wants to sell property to person A. should A person can purchase from Z person or X and Y should first sale deed to Z and then Z should sale deed to A ?

Note - Person Z paid cheque as per property rate of govt to X and Y.

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Anik

Anik

Responded 1 month ago

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A.Dear Client,

A sale cum GPA does not make the property marketable, for that a sale deed is required. Thus, first a sale deed should have been executed against Z. This would make Z the owner of the property and then it can be sold to A.

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Vaidehi  Samant

Vaidehi Samant

Responded 1 month ago

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A.If Z paid cheque as per property rate of govt to X and Y than ask Z to register the sale agreement in respect of the property i.e. the property will be considered as purchased by Z from X and Y and only after such registration has happened lawfully A may purchase property from Z but even than A should be cautious and get such registered sale agreement executed between Z as purchaser and X and Y as sellers reviewed by a lawyer if possible before going ahead with the deal. Thank you.

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