General Power Of Attorney India Nri Sample Property

Registering the power of attorney is a simple process.

General power of attorney india nri sample property.

You can start making your own power of attorney document online. Now you don t need to go searching for lawyer for this purpose. 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. 100 in the state of maharashtra.

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. General power of attorney format sample. It is very important to itemize the reasons for executing the power of attorney. By drawing up a power of attorney for nri to sell property in india you can get your transaction done without having to travel all the way 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. Special power of attorney format. Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person. It specifies exactly what deeds or transactions the designated person can complete on your behalf.

Registered documents of the property be in india or abroad are accounted for getting favour during property disputes in the court. Power of attorney to rent property in india for nri. If you are an nri and you want to conduct a large financial transaction in india like selling a property this could become a huge hassle if you have to travel to india and back all the time there is a simple solution to this. A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property.

Therefore the attorney prepared for delegating property related decisions must be registered from the sub registrar office. If the nri is in india register it on the stamp paper with the sub registrar office. The declaration of the intention to rent it on lease is mentioned. Sample special power of attorney nri property in india.

If you are nri non resident indian or an indian who just came abroad and want to manage your real estate matters by giving out your signing authority to some one in your family or a friend you can use this sample power of attorney. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. Print on plain a4 paper 2 witness sign your sign register in registrar office. Sample power of attorney for nri non resident indian open this sample poa on google docs.

Within a few minutes your general power of attorney deed will be ready. A special poa is narrower in scope. Special power of attorney sample for property management in india by nri. Register power of attorney in india.

A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected.