Template General Power Of Attorney India Sample
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.
Template general power of attorney india sample. A power of attorney can be categorised as either general or enduring. 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. Print on plain a4 paper 2 witness sign your sign register in registrar office. Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.
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. Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person. Now you don t need to go searching for lawyer for this purpose. This person becomes your attorney in fact with you as the grantor or principal.
This general power of attorney form is drafted by our legal and law experts. General power of attorney format sample. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
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. You can start making your own power of attorney document online. Special power of attorney sample for property management in india by nri. Special power of attorney format.
Within a few minutes your general power of attorney deed will be ready. The recipient of the power however it can be revoked at any point. A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected. It specifies exactly what deeds or transactions the designated person can complete on your behalf.
In this article we will be talking about the general power of attorney. 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. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. This general power of attorney template gives complete discretion to the the attorney in fact i e.
A special poa is narrower in scope. Legal matters medical directives business assets property and financial affairs as well as your personal life. Sample special power of attorney nri property in india. It is specially drafted for india.
Register power of attorney in india.