Sample Power Of Attorney For Property Registration In India

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.

Sample power of attorney for property registration in india.

Power of attorney to rent property in india for nri. 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. Thus for power of attorney of property to be invoked and legally binding two witnesses must be present at the attestation of the document. Again be very careful and make sure to hand over a power of attorney to a trustworthy person.

Special power of attorney sample for property management in india by nri. 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. Registration of power of attorney received in india from the nri. Therefore the attorney prepared for delegating property related decisions must be registered from the sub registrar office.

In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf. 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. Sample special power of attorney nri property in india. Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.

100 in the state of maharashtra. Registered documents of the property be in india or abroad are accounted for getting favour during property disputes in the court. 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. 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.

A stamp duty must also be paid to complete the apostillisation. 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. A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property. Registering the power of attorney is a simple process.

If the nri is in india register it on the stamp paper with the sub registrar office. Print on plain a4 paper 2 witness sign your sign register in registrar office. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.