indrefs.com

Sign in with Facebook
Sign in with Facebook
Welcome, Guest
Username: Password: Remember me
Get property reviews, discussions, legal advice, expert opinions only on Bangalore real estate forum. Post questions on property, apartments, plots and we will help you get your question answered. Get answers from other buyers, potential investors and experts before you buy a property in Bengaluru.

TOPIC: CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA?

CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA? 3 months 3 weeks ago #8710

Hi All,

I have a property of my mother who passed away recently, this was bought back in 1987, i wanted to sell that property. However, the buyer is asking for a GPA. I have all the necessary document other than the GPA - I have original Sale Deed That has been registered on my mother's name as the current owner of the property, i have the EC and all the years property tax receipts. I am not sure why a GPA is needed to sell this land. Can someone please help or suggest?
The administrator has disabled public write access.

replyhave something to say register login button



CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA? 3 months 3 weeks ago #8711

Hi James,

The buyer might be asking you for GPA since he might believe that it is the only document that would help him purchase the property. However, in this case since your mother has passed away, I would suggest that you obtain a certificate that you are the only remaining heir of the property. That can be gotten using death certificate of your mother.

This should suffice for selling the property.

Thanks,
Krish
  • Krishna
  • Krishna's Avatar
  • OFFLINE
  • Moderator
  • There is nothing stronger than the power of inform
  • Posts: 3322
  • Thank you received: 139
  • Karma: 17
Krish
Moderator
www.indrefs.com

Ensure that you get professional help! My inputs are just guidelines!

For questions on how to post in the forum , click here
The administrator has disabled public write access.
The following user(s) said Thank You: James Samuel

replyhave something to say register login button

CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA? 3 months 3 weeks ago #8714

Are we sure about this? Coz the buyer was asking GPA even when my mother was alive, so im kind of confused and would want to know why is this GPA so much necessary btw i have the death certificate handy. Should i ask the buyer to consult a lawyer and get a clean chit on the documentation i have? Please let me know.
The administrator has disabled public write access.


replyhave something to say register login button

CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA? 3 months 3 weeks ago #8716

The buyer must have then be rightly asking for GPA till your mother was alive. GPA stands for general power of attorney. Since the land belonged to your mother, when she was alive, she needed to execute a GPA giving you the right to sign on her behalf and close the deal.

Now that your mother had passed away, any existing GPA would anyway become invalid. Hence, you would need to get a legal certificate of ownership as the only legal heir.
  • Krishna
  • Krishna's Avatar
  • OFFLINE
  • Moderator
  • There is nothing stronger than the power of inform
  • Posts: 3322
  • Thank you received: 139
  • Karma: 17
Krish
Moderator
www.indrefs.com

Ensure that you get professional help! My inputs are just guidelines!

For questions on how to post in the forum , click here
The administrator has disabled public write access.
The following user(s) said Thank You: James Samuel

replyhave something to say register login button

CAN A SELL A PROPERTY THAT DOES NOT HAVE A GPA? 3 months 3 weeks ago #8721

Thanks so much Krish, could you please let me know how to get that done? I mean, who or where would i have to go to get that certificate?
The administrator has disabled public write access.

replyhave something to say register login button

Time to create page: 0.560 seconds

Latest News

How can existing borrowers lower their interest ra...
24 Mar 2017 19:04 - Krishna

I am sure all of you must have gotten phone calls on reducing interest rates. However, all these red [ ... ]

How does Marginal Cost of Lending Rates (MCLR) Wor...
24 Mar 2017 18:13 - Krishna

We had earlier discussed on the different types of loans. Today, we will discuss on Marginal Cost of [ ... ]

Paying higher interest rate than your friends? Cha...
22 Mar 2017 19:23 - Krishna

I am sure that many of you would have noticed the fact that you were often paying higher interest ra [ ... ]

What is ROR (Record of Rights) and how can one obt...
15 Aug 2016 09:02 - Krishna

Right of Records (RoR) contains details regarding ownership of the property. It is an important docu [ ... ]

Big players to invest in Real Estate
28 Jul 2016 18:04 - Krishna

The Government of Tamil Nadu has invested Rs. 2847 crores through single window clearances without s [ ... ]