Agreement To Sell Does Not Confer Title
A special power of attorney confers on a person called “Attorney” a number of limited rights to act in the name of principle to discharge his or her legal obligations; whereas a general power confers on the Attorney General a wider range of rights. Land Acquisitions Act, 1894 – Section 30 – Compensation Distribution – Later purchaser of land which, after publication of the Notice of Section 4, had entered into a land acquisition agreement with the bid agreement – the sale agreement does not give ownership, but may require a debt restructuring. Finally, it should be noted that, in the above decision, Hon`ble Bench referred only to the legal situation, namely that sa/GPA/WILL transactions are not transfers or sales and that this transaction cannot be considered a sale or promotion concluded. But they can still be treated as an existing purchase agreement. There is nothing to prevent those affected from obtaining registered promotional titles to complete their title. Continued observation by Delhi High Court at Asha M. Jain v. Canara Bank – 94 (2001) DLT 841, that the “sales proxy concept have been recognized as a type of transaction” when transactions with transactions using SA/GPA/WILL are unjustified and unjustified and unjustified, unintentionally misleading the public to believe that SA/GPA/WILL transactions are some kind of recognized or accepted transfer type and that it may be a valid substitute for a sale. These decisions, to the extent that they recognize or accept SA/GPA/WILL transactions as completed assignments, unlike a transfer agreement, are not a right.
A power of attorney is not an act of transfer with respect to the right to buy, right or participate in a property. The power of attorney is the creation of an agency, the fellow being authorized by the fellow to perform, on behalf of the recipient, certain acts that are mentioned there and which are binding on the beneficiary at the time of execution, as he did. It is revocable or terminated at any time, unless it is rendered irrevocable in a manner known to the law. Even an irrevocable lawyer does not result in the title entrusting ownership to the fellows. Therefore, power of attorney is not a property. However, a lawyer may perform an act of promotion in the exercise of the executed power of attorney and forward the title on behalf of the heir. A purchase agreement is an agreement to sell a property in the future. This agreement sets out the conditions under which the property in question is transferred. The Transfer of Ownership Act of 1882, which governs matters relating to the purchase and transfer of real estate, defines the sales contract or sales contract as follows: “Transactions of the type of “GPA sales or SA/GPA/WILL transfers” do not include title and are neither transferred, recognized nor valid.
Originally published on April 8, 2021