Sample Of Power Of Attorney For Property In India

A special poa is narrower in scope.

Sample of power of attorney for 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. Sample special power of attorney nri property in india. This general power of attorney form is drafted by our legal and law experts. 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 of any kind is a deed which begins with the brief acknowledgment of title and description of the property. The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. A power of attorney poa is a document that is given to another person chosen by you the power to undertake acts or deeds when you cannot physically be present. A power of attorney poa is a legal and written document that allows you to appoint any other person or any organization to handle your business affairs and any legal matters.

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. The falling interest rates and the weakening rupee have made real estate purchases in india an attractive proposition for nri investors. While this may be a good time to find a suitable property and seal the deal the coronavirus pandemic will make it difficult for nris to travel to india to complete the transaction. Special power of attorney.

Thus for power of attorney of property to be invoked and legally binding two witnesses must be present at the attestation of the document. 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. 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. 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.

This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. Again be very careful and make sure to hand over a power of attorney to a trustworthy person. Print on plain a4 paper 2 witness sign your sign register in registrar office. It specifies exactly what deeds or transactions the designated person can complete on your behalf.

This power of attorney is also known as a letter of attorney. Power of attorney to rent property in india for nri. It is specially drafted for india. In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf.