Can I buy a land being sold by the GPA (General Power of Attorney)?
Q: Hi, my friend is planning to pick a property wherein the seller has the rights of a GPA (General Power of Attorney) and the EC in his name. The land is an agricultural land and falls under yellow belt. Is it safe to pick a property from a GPA (General Power of Attorney) or not. Please advise. I have tried contacting several people but have got mixed reviews on this.
A couple of months ago it was announced that buying immovable property under GPA will consider as illegal so for further information consult with your legal expert and proceed further.