Sample Of Power Of Attorney For Property In India

It is specially drafted for india.

Sample of power of attorney for property 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. 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. It specifies exactly what deeds or transactions the designated person can complete on your behalf. This general power of attorney form is drafted by our legal and law experts.

Sample special power of attorney nri property in india. 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. 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. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download.

Thus for power of attorney of property to be invoked and legally binding two witnesses must be present at the attestation of the document. 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. A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property. This power of attorney is also known as a letter of attorney.

A special poa is narrower in scope. 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. The falling interest rates and the weakening rupee have made real estate purchases in india an attractive proposition for nri investors. Power of attorney to rent property in india for nri.

The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Again be very careful and make sure to hand over a power of attorney to a trustworthy person. 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. In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf.

For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. 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. Nri power of attorney to sell property in india. Special power of attorney.