Power Of Attorney Format For Property Registration In India

One must follow the power of attorney format india mandatorily.

Power of attorney format for property registration in india.

In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online. Individuals below the age of 18 years. Here is the general power of attorney format for nri. 6 poa must be either registered or notarised.

100 in the state of maharashtra. 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. There is a specified eligibility criterion as per the indian contract act to be eligible for the power of attorney forms. 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.

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. Power of attorney format. 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. 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. Register power of attorney in india. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. Registering the power of attorney is a simple process.

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. Special power of attorney. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. It is specially drafted for india.

5 thumb impression along with signature is necessary. 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 people who cannot claim for the power of attorney format include. 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.

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.