This form is an Auction Services Agreement. A company agrees to conduct an auction of property listed in the document. The owner agrees to pay commission to the company on all the property. No property will be withdrawn after the agreement is signed.
Sale Agreement With Gpa Format
Category:
State:
Multi-State
Control #:
US-00676
Format:
Word;
Rich Text
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How to fill out Auction Of Personal Property Agreement?
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FAQ
Will A Registered GPA Holder Able To Sell Real Estate? No. A GPA holder is not authorised to sell the property on behalf of the owner, even if the GPA is recorded with the sub-office. Registrar's Even the most recent ruling from India's highest Court explicitly nullifies property sales conducted through GPA.
WHEREAS, I am desirous of appointing some fit and proper person to look after all my immovable properties, business and other affairs and requested Mr. ...... of ........ ( hereinafter called 'the Attorney') to act for me and manage and look after my affairs which the Attorney has consented to do.
A General Power of well, attorney (GPA) holder in India does not have the legal authority to register property in their own name. A GPA is a legal document that allows a person to act on behalf of another person to perform specific tasks or to make decisions.
Buying property through General Power of Attorney is still popular in many parts of Delhi-NCR due to the purported benefits it provides. From a seller's perspective, the GPA route allows them to sell a property even if they do not hold clear titles of the property.
How to Register GPA executed in India? Registration of GPA in India is done at the offices of the Sub-Registrar. GPA in India has to be prepared on stamp paper of appropriate value. The Principal and the GPA Holder have to visit the sub-registrar office with the GPA for registration.