Legal Question in Real Estate Law in India
I have recently bought a flat from a partnership firm having 8 partners. In partnership deed, they have divided their partners into group A and group B. Under "14. Legal Document" section, they have mentioned that all the legal documents have to signed jointly by one party from group A and one party from group B. However, on sale deed (or flat sale agreement ) and Power of attorney doc, both the authorized signatories are from group A. This is violating their partnership agreement. Would I face any legal issue in future?
On their company's letter head, they have issued a consent letter saying those persons (who signed on sale of deed) can sign sale of deed. They haven't mentioned about POA. Will this work? Or do I need to get written on a stamp paper saying those two persons can sign on sale of deed and power of attorney? Will this suffice it legally?
2 Answers from Attorneys
It is not valid. They cannot override any act or rules. As per the Act all the owners have to execute the sale deed either themselves or by a registered POA only. It is better for you to get a deed from the other partners to avoid future complications. Contact me at [email protected]
Simple solution to resolve all your apprehension get a deed of consent or confirmation or any such similar deed executed and registered from all the partners.
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