Printable General Power Of Attorney For Property In India

A general power of attorney is usually a document that allows an agent to act on behalf of his principal on more than one matter.
Printable general power of attorney for property in india. Free printable general power of attorney forms. Now you don t need to go searching for lawyer for this purpose. 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. We will be providing a complete guide to resolve all your issues related to the power of attorney.
General power of attorney allows an individual the principal to select an individual the agent to handle their financial affairs only unlike durable power of attorney the general does not allow the agent to be able to make decisions on the principal if he or she is not mentally capable also known as incapacitated due to a coma. There is no expiration date on a general power of attorney unless otherwise specified. General power of attorney. Legal matters medical directives business assets property and financial affairs as well as your personal life.
Let s start the discussion and first of all let s explore what power of attorney is. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. If yes then stay attached to this article. Special 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. It is specially drafted for india. Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person. Within a few minutes your general power of attorney deed will be ready.
A general power of attorney gives the attorney the authority if the principal chooses to manage the principal s properties including buying and selling real estate for the principal or. A power of attorney poa form is a contract form that officially authorizes a person to act as an agent on your behalf making important decisions in areas of your life. The most significant thing to consider is choosing the right and reliable person while handing him over your general power of attorney. On the other hand the special power of attorney is created to give an.
For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. In india it is not quite uncommon in the real estate sector to use a general power of attorney for all kind of property matters and transactions i e. A general power of attorney for property is a legal document that allows a person usually called the principal or the donor to nominate one or more persons called attorneys to act on their behalf. You can start making your own power of attorney document online.
Buying selling mortgaging leasing etc. Are you looking to transfer the power of attorney to someone in india.