By drawing up a power of attorney for nri to sell property in india you can get your transaction done without having to travel all the way to india.
General power of attorney format india nri.
Registering the power of attorney is a simple process.
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.
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.
Registration of power of attorney received in india from the nri.
This is very important as the document will not be valid unless you attest it first.
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.
If you are an nri and you want to conduct a large financial transaction in india like selling a property this could become a huge hassle if you have to travel to india and back all the time there is a simple solution to this.
Here is the general power of attorney format for nri.
Now you don t need to go searching for lawyer for this purpose.
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.
Print on plain a4 paper 2 witness sign your sign register in registrar office.
Special power of attorney sample for property management in india by nri.
Register power of attorney in india.
Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.
Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
100 in the state of maharashtra.
Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person.
Sample special power of attorney nri property in india.
In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online.