General Power Of Attorney Sample India

Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person.

General power of attorney sample india. 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. Register power of attorney in india. This general power of attorney form is drafted by our legal and law experts. Executant account holder of the power.

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. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. 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. Now you don t need to go searching for lawyer for this purpose.

A judicial magistrate or notary public should attest the signature of the executant account holder. Attorney should be a resident of india. Special power of attorney format. General power of attorney format sample.

Hence it needs to be appointed only to a very trustworthy person. A special poa is narrower in scope. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club.

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 duly notarized. Within a few minutes your general power of attorney deed will be ready. Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1. It is specially drafted for india.

100 in the state of maharashtra. This power of attorney is also known as a letter of attorney. The general power of attorney for nri consists of a wide range of powers and is not confined to any particular work. This general power of attorney template gives complete discretion to the the attorney in fact i e.

The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Under general power of attorney for nri the agent can execute almost any act as the principal like opening financial accounts and managing personal finances. Requirements for executing general powers of attorney may vary from state to state to country to country and if you are in doubt about how to execute this document you should. 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.

The recipient of the power however it can be revoked at any point. A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected.