General Power Of Attorney India Nri Sample Property

Special power of attorney format.

General power of attorney india nri sample property.

Sample power of attorney for nri non resident indian open this sample poa on google docs. Registered power of attorney for property management in india power of attorney poa lists out the powers that you want to share with the poa holder. An nri non resident indian can use the special power of attorney to buy sell or take possession of a real estate property in india. It is primarily used by nri non resident indians to manage their property in india.

Again be very careful and make sure to hand over a power of attorney to a trustworthy person. It specifies exactly what deeds or transactions the designated person can complete on your behalf. If an nri is present in india he could before going abroad execute the poa from india itself. Attestation of power of attorney applicable for nri this power of.

The reason for executing the poa should be clarified and the details about the incapacity should be mentioned in detail such as the person is residing abroad or in another town due to physical infirmity or old age. The same poa can be used for managing home loans in india by a member of family. A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected. 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.

Your poa holder can make payments for home loans like sbi maxgain hdfc icici and other banks. The falling interest rates and the weakening rupee have made real estate purchases in india an attractive proposition for nri investors. Nri power of attorney to sell property in 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. General power of attorney format sample.

The general power of attorney for nri consists of a wide range of powers and is not confined to any particular work. 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. Hence it needs to be appointed only to a very trustworthy person. A special poa is narrower in scope.

How power of attorney can be executed in india. 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. 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.