G.P.A executed during non-alientation period
Hi,
I have booked a flat under construction. The sale deed executed and other documents look fine but in the sale deed there is previous owner along with his GPA who have sold it to present owner.
As pointed out by my lawyer, the original G.P.A. was executed by original owner in '96, during an non-alienation period of 15 years. Hence she says it can't be valid.
Now 17 years passed , so far , state govt. has not questioned this G.P.A.
Lawyer says state govt. can do it another 13 years but chances are less.
Title flow is like this :-
Karnataka Govt. grants land to Mr. X in 1982 with a non-alienation period of 15 years.
1996 - Mr. X, on the grounds that he is not able to take care of this land, executes a GPA to Mr. Y .
1997 - Non-alienation period ends.
2004 - Mr. X along with his attorney Mr. Y sells this land through a registered sale deed.
2013 - A confirmation deed is executed by all stakeholders including original owner.
The builder has given me the explanation that by means of confirmation deed , the owner has ratified the G.P.A. and sale deed executed earlier.
I am looking for a second opinion how much risk is there in going ahead with this deal. There are 416 apartments coming up on this land and I have not heard any such issue from co-owners. Public Sector banks have also approved this project.
Thanks,
Vipul
Asked 10 years ago in Property Law