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13-09-09
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Can agent purchase the property of principal
A Principal executed a Power of Attorney authorising agent to sell his house. An agent is interest in the said house. Can that agent execute a sale deed of that house on behalf of Principal under a power of attorney as a Seller in favour of himself as a purchaser.
for better understanding of question following is the example .... A executed power of attorney in favour of B, to sell his house. B purchased house of A under the power of attorney. Whether A can act as a Seller under power of Attorney holder and a purchaser simultaneously. Can the sale deed be executed by an agent as Seller and Purchaser at the same time. |
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| agent, principal, property, purchase |
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