My family is facing a situation in Bangalore where a General Power of Attorney (GPA) holder, who has paid stamp duty, is claiming the right to sell our property without our consent. We are the actual owners and want to know:
1. Does the GPA holder have the legal right to sell the property without our permission?
2. Can this GPA be canceled? If so, what is the procedure?
3. Is there a specific timeframe for applying for cancellation?
4. Are there any fees, deposits, or fines involved in canceling this type of GPA?
Best Answer
A GPA holder generally does not have the right to sell property without the owner’s consent unless explicitly authorized in the GPA. You can cancel a GPA by registering a cancellation deed, which can be done by approaching the Sub-Registrar office where the GPA was registered. There is no specific timeframe for cancellation, but it is advisable to act promptly. Fees for cancellation depend on the value of the property and are payable to the Sub-Registrar office.
Please login or Register to submit your answer