Agreement of sale cum GPA
2 years ago
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.
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.
Thanks.
Vaidehi Samant
Responded 2 years ago
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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