Power Of Attorney Format India

General power of attorney format for nri by law advisor india for nris in usa what is the general power of attorney format for nri.

Power of attorney format india.

It specifies exactly what deeds or transactions the designated person can complete on your behalf. Special power of attorney sample for property management in india by nri. This general power of attorney form is drafted by our legal and law experts. Under this the power of attorney format for authorized signatory is limited only for the duration mentioned.

Here is the general power of attorney format for nri. It is specially drafted for india. 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. However if the individual becomes mentally unstable or faces some health issues the agent will still hold the power of attorney according to the specified period.

Special power of attorney format. 100 in the state of maharashtra. Power of attorney can be authenticated before a registrar or sub registrar within whose district or sub district the principal resides and in case a power of attorney is executed outside of india it can be authenticated by a notary public or any court judge magistrate indian counsel or via counsel or a representative of the central government. The agent must also be very cautious before accepting a 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. Register power of attorney in india. Durable power of attorney. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download.

Once your power of attorney is attested by the indian consulate embassy you can send it to india. Procedure for an nri power of attorney format. Print on plain a4 paper 2 witness sign your sign register in registrar office. Sample special power of attorney nri property in india.

A power of attorney must be wisely created and given to a trustworthy person. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. A special poa is narrower in scope. In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online.

This power of attorney is also known as a letter of attorney. The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club.