Special Power Of Attorney India Nri Sample

The falling interest rates and the weakening rupee have made real estate purchases in india an attractive proposition for nri investors.

Special power of attorney india nri sample. Attorney should be a resident of india. Procedure for an nri power of attorney format. Sample power of attorney for nri non resident indian open this sample poa on google docs. Registering the power of attorney is a simple process.

Therefore the attorney prepared for delegating property related decisions must be registered from the sub registrar office. Special power of attorney. Register power of attorney in india. Special power of attorney for nre nro fcnr b accounts standard instructions when power of attorney poa is executed in india by a non resident indian.

Attestation of power of attorney applicable for nri this power of. Registered documents of the property be in india or abroad are accounted for getting favour during property disputes in the court. One copy of the power of attorney deed signed by you and notarized by the indian embassy consulate should be registered in india in a registrar office by the holder who is receiving the power of attorney. It specifies exactly what deeds or transactions the designated person can complete on your behalf.

Print on plain a4 paper 2 witness sign your sign register in registrar office. Special power of attorney is made only for a single task or act. 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. Sample special power of attorney nri property in india.

Special power of attorney sample for property management in india by nri. While this may be a good time to find a suitable property and seal the deal the coronavirus pandemic will make it difficult for nris to travel to india to complete the transaction. 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. 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.

It specifies exactly what deeds or transactions the designated person can complete on your behalf. Special power of attorney format. A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed. While making the general power of attorney from outside india make sure that your deed includes these details.

Registration of power of attorney received in india from the nri. Power of attorney is to be executed on a non judicial stamp paper of appropriate value as applicable in the state where it is executed and. You can hire us to create a special power of attorney quickly and in a cost effective manner. What should be included in the power of attorney deed.

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.