A general power of attorney for property is a legal document that allows a person usually called the principal or the donor to nominate one or more persons called attorneys to act on their behalf.
Property registration general power of attorney for property in india.
Generally to do all acts deeds and things for me in my name on my behalf in respect of my said property as my said attorney may deems it proper.
A power of attorney given in relation to an immoveable property requires to be registered compulsorily.
Sharing rights with any of your family member or a friend by issuing a registered power of attorney is the legal and correct way of managing the property bank loans stocks and other assets located in india.
A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed.
A power of attorney is an instrument that is used by people to confer authority on somebody else to legally act on their behalf.
Nri power of attorney to sell property in india.
It is specially drafted for india.
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Special power of attorney.
A general power of attorney gives the attorney the authority if the principal chooses to manage the principal s properties including buying and selling real estate for the principal or.
In fact it is advised to attain all poa documents which have sent to india or even if it is executed in india must be registered at the sub registrar office.
Power of attorney to rent property in india.
Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
This general power of attorney form is drafted by our legal and law experts.
Register power of attorney in india.
Thus for power of attorney of property to be invoked and legally binding two witnesses must be present at the attestation of the document.
It can be of two types general power of attorney gpa special power of attorney spa.
And all acts deeds and things done my said attorney shall be binding on me in all respects in witness whereof i have signed this gpa in the presence of the following witnesses.
This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download.
Power of attorney executed in india the steps involved in the registration of a power of attorney executed in india are as follows.
Registration of power of attorney.
For nris it is now mandatory to have the poa registered specifically for property matters.
I have executed a general power of attorney in favour of the said so as to conclude the sale after the registration of conveyance deed of the said flat in his favour or in favour of his nominees and i also hereby ratify and confirm that all acts deeds and things done by the said attorney for this flat shall be.
A special poa is narrower in scope.