It precedes the execution of an act of purchase. This agreement is signed and executed by the seller and the buyer on an extrajudicial stamp document. It has legal value and can be presented in court as evidence if necessary. The agreement defines the procedures leading to the execution of the instrument of assignment or sale. It records the agreement concluded between the parties and binds both parties. A discussion above therefore indicates that fixed assets can only be transferred or transferred legally and legally through a registered deed of transfer. Transactions such as surrogacy sales or Sell/GPA/Will assignment agreements do not transfer ownership and do not equate with a transfer or an eligible or valid mode of transfer of real estate. GPA / SA / WILL these are all part of the transaction of the sale, but these do not give ownership to the buyer. But there are many hoaxes and misunderstandings about the validity or negative effect of these conditions. The continuation of the Delhi High Court`s finding at Asha M. Jain v. Canara Bank — 94 (2001) DLT 841 that the «concept of proxy selling has been recognized as transactional» in transactions carried out by SA/GPA/WILL is unjustified and unjustified and unintentionally misleads the public that SA/GPA/WILL transactions are some kind of recognized or accepted mode of transfer and that it may be valid to replace a deed of sale.

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