GPA Registration in Ghaziabad | +917428075218

GPA Registration in Ghaziabad

 

A General Power of Attorney is a document through which a person can acquire the holding of the property on behalf of any other person. The General Power of Attorney acts as a separate document that is created with the consent of both parties. Through This, anyone can easily acquire legal ownership of property with the consent of the principal owner of the property. So, if you’re in a case where you’re willing to acquire a property on legal terms then GPA is the term for you.

 

The requirement of GPA occurs when you turn to get legal possession of the property in terms of the mutual consent of the principal owner of the property. Well, it is a complicated term, and various paperwork is required for the completion of the complete work of GPA. That is why you have hired high-quality court marriage associates whose highly professional lawyers and executives will let your work done in the most precise manner.

 

We’re Vashisht Associates and we’re one of the best and most popular court marriage associates in Ghaziabad. We have the best lawyer in this field who has completed hundreds of GPA property transfer agreements yet. In this discussion, we’re going to tell you everything about GPA registration in Ghaziabad. So, if you’re a newbie and know nothing about GPA then be ready because after reading this document we won’t let a single query remain in your mind. All you have to do is just stick with the discussion and read it carefully. We’ll tell you the Power of Attorney, Its type, Documentation, and much more. So, let’s start.

 

What is a Power of attorney ?

 

Power of attorney is a mechanism or we can say a Concept which derives the ways through which an individual will become legally entitled to the ownership of the property with the willingness of the principal owner. We can understand this in simple words which suggest that the GPA is a document and a set of procedures through which an individual can possess property on behalf of a principal owner.

 

This concept is divided into 2 different categories which are

 

  • General Power of Attorney (GPA) and
  • Special power of Attorney (SPA)

 

 

What is the General Power of Attorney ?

 

As we have already discussed in the introduction of GPA registration in Ghaziabad, the General Power Attorney is a document or a set of documents through which an individual can possess the rights of a property on behalf of the principal owner of the property. But, the thing which is added is that the rights of possession of the property should be subjective.

 

It provides complete authority and possession to the subjective property. The rights of receiving rent, Paying Taxes, and other stuff belong to this category. GPA provides management-related rights regarding the property possessed.

 

It attains a complex procedure and documentation to get completed and the documents are verified by the Sub-registrar. The individual who is going to possess the property through POA regulation can choose the type of attorney but without the consent of the principal owner, the individual is not entitled to get any gains regarding this.

 

Special power of attorney

 

Well, the features of this power of attorney are quite interesting. If 2 individuals had decided to pursue through Special power of attorney then after completing the agreement the principal owner of the property has no right to claim over the property.

 

Yes, the complete right of property will get transferred to the 2nd person and he got the complete possessions of the property. The right to sell the property and transfer the position of property to any 3rd party will also get transferred to the next person and the principal owner will become the principal owner of the property.

 

 

So, here we have discussed the Power of Attorney and its type. The reason for discussing the types is to be aware of the concept and regulations which are happening in both types of POA. Now, let’s jump over the GPA Registration in Ghaziabad.

 

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GPA Registration in Ghaziabad

 

When you complete your General Power of attorney under the supervision and authorization of the Sub-registrar the process is called GPA registration in Ghaziabad. Well, it is not a cup of tea, it requires heavy documentation, expert advice, and complex processes. So, if you’re going to complete your GPA registration you’re required to hire high-quality and professional court marriage associates. These associates offer you professional lawyers who are experienced and know the smart trick which can save you time and money. You have to make sure to hire high-quality court marriage associates for your work. Their lawyer will provide the supervision of an expert on your case and let your work be done in a specified time.

 

Reasons for completing the General Power of Attorney ?

 

There are plenty of reasons which enhance the requirement of the completion of GPA of property. Some of the major reasons and purposes are listed below:-

 

  • With the GPA registration, the party will get a deed that also acts as an official paper of the agreement which is also verified by the Sub-registrar. This plays the role of evidence and proof of the happening of the agreement.
  • The chances of fraud will also be eliminated because the deed is done with proper documentation and with the consent of the proper owner of the property.
  • Once the power of attorney is completed then the party who gets possession of the property will also get a dedicated authorization certificate which is certified by the Sub-registrar. So, if you have any. Work regarding this property then you can easily use this certificate for verification.
  • If there is a case where the land is getting transferred to the other party and after some time the other party again possesses the property by buying it then the user can check the status of the land if the land comes under the category of Agriculture land.
  • Once the completion of the POA agreement between 2 parties.  Both parties have no further right to sue against each other or the subject of property. Also, the other party can’t have the right to sue the other party in respect of the property.

 

Hence, we have discussed the major reasons which define the need for GPA registration in Ghaziabad. We’re sure that you get the importance of GPA registration in Ghaziabad. It’s time to have an eye on the Documentation and procedure for GPA in Ghaziabad.

 

 

Note:- If the transferring property is a Movable asset then you have to take care of some important things which are listed in the below points. Explore them all.

 

● After the registration, you’ll get permanent ownership of the property and the sub-registrar will also facilitate you with the dedicated certificate.

● If the owner is willing to transfer the property then he can easily transfer with no complications.

● The event of fraud will get minimized because the deed will also get sanctioned when the real owner of the movable asset assures its consent.

 

And many other reasons which affiliate you make the GPA registration of movable assets in Ghaziabad more valuable for you.

 

Documents required for GPA registration in Ghaziabad ? 

 

There are plenty of documents that are required for completing the GPA registration process in Ghaziabad. All the major documents which are compulsory to have at the time of the deed are listed below:-

 

Power of Attorney certificate

 

The first and most important document which is required for completing the GPA procedure is the certificate of POA. GPA is a part of Power of Attorney and at the time of purchasing the property, every owner must arrange the Power of attorney regarding the property which he just purchased.

 

If the owner didn’t have the POA certificate of the property then the Sub-registrar will make your application void and you’re not able to complete your GPA registration in Ghaziabad.

 

 

Sale Deed

 

Sale is also one of the most important documents which are required to complete the GPA registration in GHAZIABAD. This property is evidence of the sale agreement and acceptance of the deed which also proves that the agreement is done with the consent of both parties.

 

Agreement of sale of property

 

An agreement between the buyer and the seller is also required which acts as evidence that proves that the sale is done with the acceptance of both parties and that both parties are accepting all the things which are mentioned in the agreement. The document is very important for future reference so that the parties will lose the right to sue against this property because the property will already get registered.

 

 

Certificate of Building Plan

 

This is also a verification-type document that is required for completing the GPA registration in Ghaziabad. Under this document, the owner of the property will have to submit a copy of the certificate of the sanction of the building plan. Sub-registrar will also ask for the original copy of this certificate so make sure that you bring the original copy of the certificate with you.

 

Bank Statement

 

Yes, you read it right, Both parties will have to submit the bank statement at specified time intervals in court. The court will examine the recent transaction of the parties. If they find anything suspicious then the sub-registrar will make your agreement void.

 

 

Tax Receipt

 

3 months’ Tax receipts are also asked by the court to submit for verification purposes. This statement will be submitted within the time duration of 3 months for verification purposes.

 

So, these are the major documents which you have to submit to the. Sub-registrar for completing the process of GPA registration in Ghaziabad. But, the list is not over yet. Some other documents are optional and conditional. You need to show these kinds of documents only if you fulfill the specified conditions.

 

 

Note:- Miscellaneous documents

 

There are plenty of miscellaneous documents which can be asked for under special categories. Some of the majors are listed below:-

 

● A possession certificate is required to verify whether you’re the real owner of the property or not. This is only required on demand by the buyer.

● The electricity bill is also asked to check the owner of the property. So, when you buy the property then make sure to check that your name will get printed on the electricity bill.

● Encumbrance certificates are also required sometimes.

 

 

The procedure for GPA registration in Ghaziabad ?

 

We know that you’re waiting for the procedure and here it is. Since the discussion started, we’ve continuously highlighted that the procedure of GPA registration in Ghaziabad is complex and requires attention and expert supervision. We also recommend you hire good quality and highly reputed associates for this work. If you’re unable to find the best associates for you or don’t want to spend time to get genuine and effective ones for you then keep reading because we have something for you. So, coming to the point, let’s discuss the steps you’ve to follow for completing the GPA registration in Ghaziabad. So, let’s start.

 

  • The first thing which you have to do is to prepare all the documents which are mentioned above. Make sure not to forget any of the documents. Talk to your lawyer regarding documentation for better assistance.
  • You can also call us at +917428075218 or book your appointment with our officials for  assistance.
  • Complete the payment of stamp duty and make all the documents ready.
  • Take the appointment with the sub-registrar and visit the district court at the prescribed date and time with your lawyer and all the documents.
  • A witness should be available from both sides with their local ID proof. This is a compulsory thing so don’t forget. Witnesses can be anyone like your family member or anyone.
  • Both the buyer and seller visit the court and need the marriage registrar where you have to submit the token to your stamp duty.
  • The marriage registrar will verify all the documents and you have to complete many other documents in the Sub-registrar office.
  • It will take time so be patient.
  • Once things get done then the Sub-registrar will verify your documents and once all the documents get verified then your GPA register will get completed.

 

 

If you’re the seller then the ownership of your property will get transferred to the other party and if you’re a buyer then after completing the process you’ll become the owner of the property. We suggest you have a counseling session which we have organized for customers who have any queries regarding GPA registration in Ghaziabad.

 

 

Charges of registration of GPA in Ghaziabad.

 

 

When we talk about the charges there are 2 types of charges which you have to pay while transferring the property to another person. The first is the Stamp Duty and 2nd will be the registration charges. The classification of both types of charges is listed below:-

 

Charges of Stamp Duty

 

  • If the property is registered to a female and the worth of the property is over 10 lakhs then 7% of the value of the property will be charged as stamp duty.
  • If the property is jointly registered then around 7% of the value of the property is charged as stamp duty charges.
  • If the property is registered with the name of the male candidate then also the charges of the stamp duty will be the 7% value of the property.
  • Lastly, if the amount of property is below 10 lakhs and the owner of the property is female then the stamp duty charges will be 6% of the value of the property.

 

Registration Charges

 

The charges for GPA registration in Ghaziabad are set to 1% of the market value or sale value of the property whichever is higher.

 

 

Vashisht Associates  

 

As we have promised above about the surprise which we have for you. We’re Vashisht Associates and we’re claiming to be the best Associates for GPA registration in Ghaziabad. We have highly professional people who can complete your GPA registration without any issues in no time.

We’ve been serving as one of the best GPA associates in Ghaziabad for 5 years and we have mastered it. Our official lawyers who have at least 4 years of experience in this field attain the ability to serve the best service to the customer at highly competitive prices. Yes, our premium class service comes with affordable rates and prices so that anyone can afford us.

 

We loved to serve our premium services to our customers. With us, we assure you to complete your GPA registration with comparatively lesser time and in a cost-saving manner. If you’re interested in hiring us then just make a call at +917428075218 or visit our office and meet our professional lawyer. Book your counseling session where our lawyers will solve all your queries regarding GPA registration. We’re one of the best GPA registration associates who have completed hundreds of GPA agreements successfully. Come, join us and give us an opportunity to serve the best services which we serve to every customer.