Power Of Attorney Format For Sale Of Property In India

Sample special power of attorney nri property in india.

Power of attorney format for sale of property in india.

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. But as i am leaving india soon and will be out of india for a long time i will be. However if the individual becomes mentally unstable or faces some health issues the agent will still hold the power of attorney according to the specified period. Register power of attorney in india.

Again be very careful and make sure to hand over a power of attorney to a trustworthy person. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. A special poa is narrower in scope. Under this the power of attorney format for authorized signatory is limited only for the duration mentioned.

For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. 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. Special power of attorney. Be it known that son of resident of hereinafter referred to as the first party which expression shall unless excluded by or repugnant to the subject or context be deemed to include its legal heirs administrators and permitted assigns of the one part.

To sign the necessary transfer forms for transferring the said property to the name of the purchaser in the records of the municipal corporation. Nri power of attorney to sell property in india. This general power of attorney form is drafted by our legal and law experts. For me in my name and or my behalf pertaining to sole and transfer of the said property.

Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. This deed of general power of attorney is executed on this at. It specifies exactly what deeds or transactions the designated person can complete on your behalf. Print on plain a4 paper 2 witness sign your sign register in registrar office.

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. Send your power of attorney to india as soon as the process is complete and the indian consulate has attested your power of attorney you can send it to 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. General power of attorney.

Special power of attorney sample for property management in india by nri. Power of attorney to execute a deed of sale. It is specially drafted for india.