Property Sale General Power Of Attorney India Nri Sample
Special power of attorney sample for property management in india by nri.
Property sale general power of attorney india nri sample. Attestation of power of attorney applicable for nri this power of. Sample special power of attorney nri property in india. The nri needs to get the desired matter of the poa drafted and typed on non judicial stamp paper of adequate value which is generally rs 100. General power of attorney format sample.
Print on plain a4 paper 2 witness sign your sign register in registrar office. Power of attorney to rent property in india 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. It is very important to itemize the reasons for executing the power of attorney.
A special poa is narrower in scope. 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. Send your power of attorney to india as soon as the process is complete and the indian consulate has attested your power of attorney you can send it to india. 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.
Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. If an nri is present in india he could before going abroad execute the poa from india itself. A power of attorney of any kind is a deed which begins with the brief acknowledgment of title and description of the property. It specifies exactly what deeds or transactions the designated person can complete on your behalf.
For me in my name and or my behalf pertaining to sole and transfer of the said property. 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. How power of attorney can be executed in india. I have executed a general power of attorney in favour of the said so as to conclude the sale after the registration of conveyance deed of the said flat in his favour or in favour of his nominees and i also hereby ratify and confirm that all acts deeds and things done by the said attorney for this flat shall be binding on me in all respects.
Register power of attorney in india. To deposit all fee dues installments and other charges to the concerned authority authorities on my behalf. The declaration of the intention to rent it on lease is mentioned. Special power of attorney format.
To execute sign present and verify all such papers documents such as conveyance deed sale deed etc.