Template General Power Of Attorney India Sample

Special power of attorney sample for property management in india by nri.
Template general power of attorney india sample. Requirements for executing general powers of attorney may vary from state to state to country to country and if you are in doubt about how to execute this document you should. It specifies exactly what deeds or transactions the designated person can complete on your behalf. 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. Register power of attorney in india.
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. 100 in the state of maharashtra. In this article we will be talking about the general 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. A power of attorney poa form is a contract form that officially authorizes a person to act as an agent on your behalf making important decisions in areas of your life. A power of attorney can be categorised as either general or enduring. The recipient of the power however it can be revoked at any point.
You can start making your own power of attorney document online. 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. This general power of attorney form is drafted by our legal and law experts. A special poa is narrower in scope.
This general power of attorney template gives complete discretion to the the attorney in fact i e. Now you don t need to go searching for lawyer for this purpose. 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. This person becomes your attorney in fact with you as the grantor or principal.
Print on plain a4 paper 2 witness sign your sign register in registrar office. Special power of attorney format. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. General power of attorney format sample.
A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected. In a general power of attorney the agent will have the authority to make any decisions for the principal regarding business property financial and health matters. Legal matters medical directives business assets property and financial affairs as well as your personal life. Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.
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.