Purchase through attorney
1 year ago
My father purchase a land through power of attorney but in 2011 the sale of land through power of attorney is illegal and the real owner take advantage of this new rule so what is a solution
A.Dear client,
A power of attorney is not a valid instrument to transfer property titles when buying or selling a property. However, due to the financial benefits, it provides to both the buyer and the seller, selling a property through a general power of attorney has become common practice in Indian cities.
It depends upon what type of Power of Attorney it is and what new rule the owner is using here. Please be specific, so that we can help you easily.
A power of attorney is not a valid instrument to transfer property titles when buying or selling a property. However, due to the financial benefits, it provides to both the buyer and the seller, selling a property through a general power of attorney has become common practice in Indian cities.
It depends upon what type of Power of Attorney it is and what new rule the owner is using here. Please be specific, so that we can help you easily.
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A.Dear Client
Yes you are right that sale through power of attorney is not legal and valid. Since you have already paid the money to the seller hence you can file a civil case for money recovery and also if required lodge a police complaint for fraud and cheating too.
Yes you are right that sale through power of attorney is not legal and valid. Since you have already paid the money to the seller hence you can file a civil case for money recovery and also if required lodge a police complaint for fraud and cheating too.
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