Special power of attorney sample for property management in india by nri.
Sample special power of attorney for property 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.
Again be very careful and make sure to hand over a power of attorney to a trustworthy person.
The law relating to power of attorney is governed by the provisions of the power of attorney act 1882 and the contract act 1872.
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.
Under a gpa your representative is given general rights to make decisions on your behalf while the spa is granted to conduct specific businesses.
Special power of attorney format.
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.
Print on plain a4 paper 2 witness sign your sign register in registrar office.
Sample special power of attorney nri property in india.
Therefore the stamp duty shall be collected in the prescribed format and embossed on the paper while registering the same before the concerned sub registrar.
Types of power of attorney poa there are three types of poa general power of attorney gpa special power of attorney spa and durable power of attorney dpa.
A special poa is narrower in scope.
A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed.
Under the said act an agent.
Special power of attorney.
If you are physically present in india and plan to leave soon 1 write down the poa terms on a inr 100 stamp paper.
To create any other form of the mortgage as required by bank of india in respect of above said property ies 6 to attend the branch office of bank of india given necessary oral assent consent while depositing the title deeds as security for repayment of.
Print this template for special power of attorney to share the property or apartment possession or rental rights.
Further there are some special requirements relating to a power of attorney executed outside india which needs to be authenticated by the notary public or indian consul.
If you want to draw a poa and send it to india then it is best to go to your local indian consulate to get it attested.
A special power of attorney for sale of property can be drafted and printed on a plain paper since it is a compulsorily registrable document under the indian registration act 1908.
At this point the poa is termed as simple poa.
A special poa is narrower in scope.
It specifies exactly what deeds or transactions the designated person can complete on your behalf.
Nri power of attorney to sell property in india.