Sample Special Power Of Attorney For Property India

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.

Sample special power of attorney for property india.

The law relating to power of attorney is governed by the provisions of the power of attorney act 1882 and the contract act 1872. Under the said act an agent. It specifies exactly what deeds or transactions the designated person can complete on your behalf. 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.

A special poa is narrower in scope. This special power of attorney is executed on the day of two thousand by. It specifies exactly what deeds or transactions the designated person can complete on your behalf. If you are physically present in india and plan to leave soon 1 write down the poa terms on a inr 100 stamp paper.

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. 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. Special power of attorney sample for property management in india by nri. 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.

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. Procedure for an nri power of attorney format. 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.

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. A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed. Nri power of attorney to sell property in india. A special poa is narrower in scope.

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. 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. At this point the poa is termed as simple poa. Again be very careful and make sure to hand over a power of attorney to a trustworthy person.

Sample special power of attorney nri property in india.