Power Of Attorney Format For Property Registration In India

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.

Power of attorney format for property registration 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. The people who cannot claim for the power of attorney format include. 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. Registering the power of attorney is a simple process.

The person giving authority is called the attorney of the party giving the authority. 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. 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. 1 poa must be on a stamp paper of rs 500 preferably purchased in maharashtra 2 powers to sign leave license document shall be clearly mentioned in the poa 3 description of the property for which the powers are given shall be given in the poa 4 poa must be signed in front of notary or embassy officer.

Here is the general power of attorney format for nri. 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. Individuals below the age of 18 years. One must follow the power of attorney format india mandatorily.

Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1. 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. 100 in the state of maharashtra. 5 thumb impression along with signature is necessary.

In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. Power of attorney format.

There is a specified eligibility criterion as per the indian contract act to be eligible for the power of attorney forms. This general power of attorney form is drafted by our legal and law experts. 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. 6 poa must be either registered or notarised.

Power of attorney is governed by the powers of attorney act 1888.