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 power of attorney for property registration in india.
Register power of attorney in india.
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.
In this process one has to get the deed notarised by a local judge or such authority and then get that judge s signature authorised by the.
A stamp duty must also be paid to complete the apostillisation.
Registration of power of attorney received in india from the nri.
Sample special power of attorney nri property in india.
In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf.
Therefore the attorney prepared for delegating property related decisions must be registered from the sub registrar office.
100 in the state of maharashtra.
The deed must also comply with indian laws such as the indian registration act 1908 and the power of attorney act 1882.
Print on plain a4 paper 2 witness sign your sign register in registrar office.
If the nri is in india register it on the stamp paper with the sub registrar office.
Registering the power of attorney is a simple process.
One copy of the power of attorney deed signed by you and notarized by the indian embassy consulate should be registered in india in a registrar office by the holder who is receiving the power of attorney.
Power of attorney to rent property in india for nri.
Special power of attorney sample for property management in india by nri.
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 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.
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.
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.
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.
Registered documents of the property be in india or abroad are accounted for getting favour during property disputes in the court.
A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property.