A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property.
Immovable property general power of attorney india nri sample pdf.
Admit power of attorney provides the authority to power holder to represent the grantor only at the registration office.
List out whatever you would like this person to do on your behalf.
Let s start the discussion and first of all let s explore what power of attorney is.
If yes then stay attached to this article.
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.
Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.
Do you own immovable property in india.
General poa contains terms and conditions to share the signing authority for general purpose like management of bank account share holding accounts.
Now you don t need to go searching for lawyer for this purpose.
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.
By drawing up a power of attorney for nri to sell property in india you can get your transaction done without having to travel all the way to india.
Within a few minutes your general power of attorney deed will be ready.
Ensuring your nri power of attorney format is valid.
We will be providing a complete guide to resolve all your issues related to the power of attorney.
The power of attorney is to be executed on a non judicial stamp paper of the requisite value as per the stamp duty prevalent in the respective state rs.
If you are an nri and you want to conduct a large financial transaction in india like selling a property this could become a huge hassle if you have to travel to india and back all the time there is a simple solution to this.
General power of attorney format sample.
You can give power of attorney to one or multiple persons like blood relatives i e father mother brother and etc and also to any third person apart from your close family members whom you believe to be trustworthy.
General procedure and rules for power of attorney.
Are you looking to transfer the power of attorney to someone in india.
The declaration of the intention to rent it on lease is mentioned.
Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person.
100 in the state of maharashtra.
Ideally for large transactions of immovable property like land your designated person should be a spouse or a blood relative like your parents or siblings.
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.
Power of attorney to rent property in india for nri.
You can start making your own power of attorney document online.
