Power Of Attorney Format For Property Registration In India

Power of attorney format.

Power of attorney format for property registration in india.

Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1. Registering the power of attorney is a simple process. Register power of attorney in india. This general power of attorney form is drafted by our legal and law experts.

Power of attorney is governed by the powers of attorney act 1888. 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. In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online. The person giving authority is called the attorney of the party giving the authority.

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. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. General power of attorney format for nri by law advisor india for nris in usa what is the general power of attorney format for nri. It is specially drafted for 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. Power of attorney is a legal document executed by one or more persons giving an authority to one or more persons to act on his or her behalf. You need a special poa with the exact real estate address mentioned to make it valid for managing bank loans rental management possession of flat registration of real estate in indian registrar office and other purpose. Here is the general power of attorney format for nri.

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. Registration of power of attorney received in india from the nri 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. One must follow the power of attorney format india mandatorily. 100 in the state of maharashtra.

Special power of attorney. The people who cannot claim for the power of attorney format include. 5 thumb impression along with signature is necessary. There is a specified eligibility criterion as per the indian contract act to be eligible for the power of attorney forms.

6 poa must be either registered or notarised.