Law chamber
PAVANANJAYA
19 Years Exp
General Power of Attorney (Show More)
Dakshina Kannada , Kodiyalbail
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Overview
Where the principal authorises the Attorney to do certain general acts on his behalf. The word "General" here means that the power must be general regarding the subject matter and not general with regard to powers in respect of a subject matter.
Either you can give a GPA for all your properties, banking transactions, tax matters, registration, legal disputes and court matters etc. Or you can give a general power to any one category like only for all property matters or only for all Banking processes etc. This type of Power is very wide and has lot of risk if the Attorney is not a trustworthy person.
General Power of Attorney is executed by a person in favour of another to act on behalf of him generally. It may include management of property, Court matter/litigations, sale of mortgage of property or any other act.
A person who has attained majority may execute power of attorney in favour of another person who has attained majority including family members like brother, sister, father and mother to act on his behalf. If a power of attorney is executed to sell property in favour of relatives other than those mentioned above, 2 percent stamp duty shall be paid on market value of such property.
If a power of attorney is executed in favour of developers, Builders of apartment, 4 percent stamp duty shall be paid on market value of such property. (see article 5(f) & 41(a), 41(ea), Schedule to Karnataka Stamp Act 1957).
a.GPA automatically gets cancelled on the death of Executant.
b. Principal (Executant) may cancel it any time.
If the Power of attorney is executed for consideration in respect of property it cannot be unilaterally revoked, prejudicial to the interest of the agent (See Sec.202 of Indian Contract Act, 1872).
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Name : PAVANANJAYA
Law Firm Name : Law chamber
Country : India
City : Dakshina Kannada
State : KARNATAKA
Practicing Since: 2006
About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc
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Legal Opinion/Title Certification ( Apartment/Builder Floor )
Procure Specific Property Document(s) ( Khata Certificate/Transfer )
Legal Opinion/Title Certification ( Residential Layout )
Power of Attorneys ( Drafting General Power of Attorney )
Legal Opinion/Title Certification ( Villa Project )
Forming Owners Associations/Societies ( Apartments )
Legal Opinion/Title Certification ( Commercial complex )
Land Sourcing ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Memorandum of Understanding )
Land Sourcing ( Residential Layout )
Agreements/Deeds(Bulk) ( Joint Development Agreement )
Land Sourcing ( Villa Project )
Agreements/Deeds(Bulk) ( Agreement of Sale )
Land Sourcing ( Commercial complex )
Packages ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
Packages ( Residential Layout )
Project Approvals ( Conversion of Land )
Packages ( Villa Project )
Procure Specific Property Document(s) ( Encumbrance Certificate )
Packages ( Commercial complex )
Procure Specific Property Document(s) ( Khata / Khata Extract )
Legal & Drafting
Affidavits ( Name & Address Affidavits )
Lease/Rental Agreements ( Commercial Lease Agreement )
Packages ( Legal Opinion to Registration (Apartment) )
Agreements/Deeds ( Gift Deed )
Property & Documents Inspection ( Fraud & forgery Inspection )
Procure Revenue Documents ( Encumbrance Certificate )
Registration Assistance ( Apartment )
Procure Revenue Documents ( Certified copy of registered GPA/SPA )
Affidavits ( Personal Affidavits )
Lease/Rental Agreements ( Residential Lease Agreement )
Legal Opinion (Written) ( Plots )
Agreements/Deeds ( Sale Agreement/Deed Review )
Property & Documents Inspection ( Agriculture Land Inspection )
Procure Revenue Documents ( Khata Extract )
Registration Assistance ( Villas )
Procure Revenue Documents ( Certified copy of registered documents )
Affidavits ( Student Affidavits )
Lease/Rental Agreements ( Room Rental Agreement )
Legal Opinion (Written) ( Apartment )
Agreements/Deeds ( Construction Agreement Review )
Property & Documents Inspection ( Industrial / Commercial Inspection )
Procure Revenue Documents ( Khata Certificate )
Registration Assistance ( Independent House )
Procure Revenue Documents ( Other Revenue Documents )
Affidavits ( Passport Affidavits )
Lease/Rental Agreements ( Car Parking Agreement )
Legal Opinion (Written) ( Villas )
Agreements/Deeds ( Rectification Deed )
Procure Revenue Documents ( Khata Transfer )
Registration Assistance ( Agriculture Land )
Power of Attorneys ( General Power of Attorney )
Affidavits ( Gas Affidavits )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
Legal Opinion (Written) ( Independent House )
Agreements/Deeds ( Relinquishment deed )
Procure Revenue Documents ( Mother Deed Extract )
Power of Attorneys ( Revoke/cancel Power of Attorney )
Wills ( Make A Codicil )
Registration Assistance ( Commercial Property )
Affidavits ( General Affidavits )
Lease/Rental Agreements ( Paying Guest Agreement )
Legal Opinion (Written) ( Agriculture Land )
Agreements/Deeds ( Mortgage Deed )
Procure Revenue Documents ( Copy of Grant Certificate )
Construction Approvals ( Residential )
Notary & Attestation Services ( Get A Document Notarised )
Registration Assistance ( Revenue/Other Site )
Affidavits ( Other Affidavits )
Lease/Rental Agreements ( Leave And Licence )
Legal Opinion (Written) ( Commercial Property )
Agreements/Deeds ( Exchange Deed )
Procure Revenue Documents ( Pahani/RTC )
Construction Approvals ( Commercial )
Notary & Attestation Services ( Gazetted Officer Attestation )
Lease/Rental Agreements ( Apartment Rental Agreement )
e-stamp paper ( Get E-stamp paper )
Lease/Rental Agreements ( NOC From Landlord )
Legal Opinion (Written) ( Revenue/Other Site )
Agreements/Deeds ( Release Deed )
Procure Revenue Documents ( Mutation )
Wills ( Make A will )
Utility/Property Payments ( Property Tax Payment )
Lease/Rental Agreements ( House Rental agreement )
Packages ( Legal Opinion to Registration (Plot/Site) )
Agreements/Deeds ( Agreement of Sale )
Property & Documents Inspection ( Plot/Site Insepction )
Lease/Rental Agreements ( Other Lease/Rental Agreements )
Agreements/Deeds ( Partition Deed )
Procure Revenue Documents ( Electricity Bill Name Transfer )
Utility/Property Payments ( Electricity Bill Payment )
Lease/Rental Agreements ( Commercial Office Rental Agreement )
Packages ( Sale Agreement to Registration (Plot/Site) )
Agreements/Deeds ( Construction Agreement )
Property & Documents Inspection ( House/Apartment Inspection )
Consultation on Property ( Property Buying )
Agreements/Deeds ( Memorandum of Understanding )
Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
Utility/Property Payments ( Water Bill Payment )
Lease/Rental Agreements ( Commercial Shop Rental Agreement )
Packages ( Sale Agreement to Registration (Apartment) )
Agreements/Deeds ( Sale deed )
Property & Documents Inspection ( Documents Inspection in Govt Office )
Consultation on Property ( Property Selling )
Registration Assistance ( Plot )
Procure Revenue Documents ( Certified copy of revenue document )
NRI Services
Property Disputes ( Illegal Transfer of Land And Property )
Succession Certificate ( Succession Certificate )
Power of Attorneys for NRIs ( General Power of Attorney by NRI )
Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
Buying Selling of Property in India ( Buying/Selling of Property in India )
Property Search ( Land And Property Search )
Propert Transfer ( Land and Property Transfer )
Property Partition ( Partition of Land And Property )
Property Disputes ( Illegal Sale of Land And Property )
Realtors
RERA Consultation ( RERA Approved Agent )
RERA Consultation ( RERA Consultant )
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
