Special Power Of Attorney India Sample
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The document cancels itself either after the action has been completed or on a future date.
Special power of attorney india sample. Special power of attorney format. Limited power of attorney is a document that allows an individual to specify a responsibility that can be handled by someone else. A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed. 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.
The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Again be very careful and make sure to hand over a power of attorney to a trustworthy person. We provide online services for drafting and vetting of all legal documents call us at 011 2335 5388 or mail us through contact us page of our website. Special power of attorney.
The form can be written for handling any type of financial related matter on behalf of the principal such as having access to mail safety deposit boxes bank accounts. Procedure for an nri power of attorney format. Register power of attorney in india. Print on plain a4 paper 2 witness sign your sign register in registrar office.
A power of attorney poa is a legal and written document that allows you to appoint any other person or any organization to handle your business affairs and any legal matters. A power of attorney may generally be used to delegate any act. Sample of special power of attorney for legal authorization. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
Nri power of attorney to sell property in india. It specifies exactly what deeds or transactions the designated person can complete on your behalf. Sample special power of attorney nri property in india. Special power of attorney sample for property management in india by nri.
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. I confirm and declare that i have not executed any other power of attorney in favour of any other person s and this power of attorney is irrevocable till the entire loan together with interest costs charges expenses and all other amounts payable to bank of india are fully paid by me and bank of india discharges me in writing. This power of attorney is also known as a letter of attorney. A special poa is narrower in scope.
It specifies exactly what deeds or transactions the designated person can complete on your behalf. 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.
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