Is it necessary to register a General Power of Attorney (GPA) when a Joint Development Agreement (JDA) is signed in Delhi? Can the GPA holder sell their share in the property if there’s a collaboration agreement between the landowner and the developer?
1 Answers
Best Answer
While a GPA is not mandatory for a JDA in Delhi, registering it provides legal certainty and protects the GPA holder’s interests. If the JDA permits it, the GPA holder can sell their share in the property, but this depends on the specific terms of the JDA and the collaboration agreement.
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