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Posts Tagged ‘land’

Question asked by Mr Vasudev Rao:
Dear Sir / Madam, I am planning to purchase a flat in Bangalore. The developer has built 8 flats on a land – and selling one of the four flats owned by him. This is based on a POA, issued 2 years ago from the owner of the land to the developer.
Is this POA sufficient to execute the sale agreement? One of my friend suggested to get an affidavit from the owner for current date – stating that the POA is still valid. This affidavit is difficult as the owner is in foreign country and very old man. Please advise if this POA is sufficient or affidavit is a must.
Appreciate your quick response
Vasudev Rao

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Question asked by Mr B. Kannabiran from USA:
Dear Sir, I am a NRI working abroad for the last four years. I recently purchased a plot of land in Tamil Nadu, India through my Father- in- Law. At the time of purchase I did not know about executing a power of attorney in his favor for the purchase. Hence the plot was purchased in his name which he later transferred in my wife’s name. The transfer to my wife was done as a gift and this deed is duly registered in Tamil Nadu (However, there is no acceptance of the gift by my wife in the gift document).  My concern here is that as per the Transfer of Property Act, a gift is complete only when it is accepted by the donee. In this case there is no acceptance of the gift by my wife. I want to know how her acceptance can be legally established by us now. 

Thank you for sparing your time. 

Best regards, 

Kannabiran 

Vatsala’s Answer has been moved to our new site

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