Power Of Attorney Format For Sale Of Property In Pakistan

Mostly used for real estate closings.

Power of attorney format for sale of property in pakistan. Is attorney answerable to principal. I gave a power of attorney to my relative can i still make any decision for myself. The attorney is only your representative if you intend to do anything yourself you are fully competent for the same even there is an attorney appointed by you. Often a power of attorney is used to ensure that your affairs will be administered according to your wishes in the event that you become mentally or physically incapable.

To execute sign present and verify all such papers documents such as conveyance deed sale deed etc. We offer plots in pechs dha bahria town cda islamabad roshan pakistan cabinet division awt d 18 d 19 ehs d 16 d 1 7 mpchs e 11 b 17 f 17 islamabad gardens e 11 multi gardens b 17 tele gardens f 17 mumtaz city top city ministry of interior g 16 scecs g 17 jammu kashmir f 15 gulshan e sehat e 18 margala view d 17 park enclave margalla retreat etc. All the documents written as a power of attorney should be authenticated by a notary public any court judge magistrate pakistan consul or vice consul or. A power of attorney is used to give someone you trust the legal authority to manage your financial property and or legal matters.

If the purpose of power of attorney is for any immovable property s sale or mortgage then it should be registered with the office of sub registrar which has the jurisdiction over the area where the principal resides. It is relevant to mention here that power of attorney either general or special given by the principal to the attorney must be in writing and it cannot be given orally. If power of attorney is for any immovable property sale or for mortgage then it should be registered under section 17 of the registration act 1908. To deposit all fee dues installments and other charges to the concerned authority authorities on my behalf.

For me in my name and or my behalf pertaining to sole and transfer of the said property. Step 3 signing. Power of attorney should be attested. Yes attorney agent is answerable to principal.

Real estate sale purchase or maintaining the property. Revocation to terminate or cancel a current power of attorney document. 3 to sign the necessary transfer forms for transferring the said property to. This does not include the official registration fee for power of attorney in pakistan which is 1 of the total property or asset value.

According to the pakistani laws under section 17 of the registration act 1908. Agreement and to pass a valid receipt for. A power of attorney in pakistan needs to be printed on an official stamp paper the cost of which ranges from pkr 500 to pkr 5 000. Pakistani power of attorney.

If power of attorney is for any immovable property sale or for mortgage then it should be registered under section 17 of the registration act 1908.