Power of Attorney is an important document that helps to make things convenient, especially when you are an NRI and are unable to be present in India for completing the formalities for renting out, selling, purchasing, gifting of any immovable property or completing some financial work or do some other tasks. Identifying a person to…
When it comes to purchasing a property, it is crucial to ensure that all legal requirements are met to protect your interests. In certain situations, you might need to buy a property from a power of attorney holder. In this article, we will explore the safety and legality of such transactions and the compliance measures…
Dealings through Power of Attorney, such as buying, selling, renting, or gifting property can be a complex process, often involving a lot of paperwork and legal jargon. Sometimes, unexpected circumstances might arise, making it impossible for you to be physically present to handle all the legalities. In such situations, a Power of Attorney (POA) can…
Selling a car in India involves a series of legal procedures and documentation. While it’s common for car owners to handle the sale themselves, there are situations where delegating this responsibility through a Power of Attorney (PoA) can be convenient. In this article, we’ll explore PoA for selling a car or other vehicle in India,…
A Power of Attorney (POA) is a legal document that allows an individual (the Grantor) to appoint another person (the Attorney) to act on their behalf. In the context of managing a home loan, a POA can be an essential tool, especially for Non-Resident Indians (NRIs) or those who may not be physically present to…
A Gift Deed is a legal document that allows an owner to transfer a property or any valuable asset to another person without any consideration or payment in return. In Maharashtra, the process of executing and registering a Gift Deed can be done through a Power of Attorney, which allows a person to act on…
(Act No. 7 of 1882) (Passed by the Governor General of India in Council) (Received the assent of the Governor General on 24th February, 1882) An Act to amend the law relating to Powers-of-AttorneyPreambleFor the purpose of amending the law relating to powers of attorney Section 1. Short title — This Act may be called the Powers-of-Attorney Act, 1882….
In this article, I will try to explain and give some information about the Power of Attorney for Rent/Leave and License Agreements. Power of Attorney can be made for any purpose, like selling or buying a property, handling financial matters, assisting in court matters, representing some Government Offices, etc. Mainly there are two types of…
In this article, you will learn about the applicable Stamp Duty on different types of Power of Attorney for the properties located under the Corporation and Rural areas of Pune, Pimpri Chinchwad, and PMRDA. Type of Power of Attorney Stamp Duty Registration Fees LBT Metro Cess Power of Attorney in favor of anybody to Purchase…
Listen to the article What is a Power of Attorney? A power of attorney is a document by which one person can assign some rights to another person. A Power of Attorney is a written contract that allows the Agent (PoA Holder) to act on behalf of the Principal (PoA Grantor). The person who is…