Imagine this: someone bought a KDA plot in Kanpur and signed a registered sale agreement with Sohail Khan, a friend, without giving him any official power of attorney. The agreement didn’t specify how long this arrangement would last. After a year, the buyer got the plot registered in their own name and took possession. Now, Sohail Khan is claiming a share of the profits from the plot. Is he legally entitled to this, and what kind of problems could he cause for the original buyer? The sale agreement was signed two and a half years ago.

Apni Law
Apni Law
Law Forum › Category: Documentation › Imagine this: someone bought a KDA plot in Kanpur and signed a registered sale agreement with Sohail Khan, a friend, without giving him any official power of attorney. The agreement didn’t specify how long this arrangement would last. After a year, the buyer got the plot registered in their own name and took possession. Now, Sohail Khan is claiming a share of the profits from the plot. Is he legally entitled to this, and what kind of problems could he cause for the original buyer? The sale agreement was signed two and a half years ago.
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Apni Law Staff asked 12 months ago

Imagine this: someone bought a KDA plot in Kanpur and signed a registered sale agreement with Sohail Khan, a friend, without giving him any official power of attorney. The agreement didn’t specify how long this arrangement would last. After a year, the buyer got the plot registered in their own name and took possession. Now, Sohail Khan is claiming a share of the profits from the plot. Is he legally entitled to this, and what kind of problems could he cause for the original buyer? The sale agreement was signed two and a half years ago.

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Best Answer

Apni Law Staff answered 12 months ago

Sohail Khan is unlikely to have any legal claim to the profit as there was no power of attorney granted and the agreement lacked a defined duration. He could potentially cause problems by filing a lawsuit claiming a partnership, but his chances of success are low, especially after two and a half years of inaction. The original buyer should consult a lawyer to understand their legal position and potential recourse.

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