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.
General power of attorney india nri sample.
Registering the power of attorney is a simple process.
A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected.
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.
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.
The power of attorney should be executed on a stamp paper plain paper and in manner as the case may be as applicable to the country in which the power of attorney is executed.
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.
Within a few minutes your general power of attorney deed will be ready.
Sample special power of attorney nri property in india.
Format for general power of attorney format for nri.
Special power of attorney sample for property management in india by nri.
100 in the state of maharashtra.
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.
Special power of attorney format.
Print on plain a4 paper 2 witness sign your sign register in registrar office.
Format of power of attorney instructions when power of attorney is executed in india by non resident indians 1.
General power of attorney format sample.
Registration of power of attorney received in india from the nri.
The attorney should be a resident of india.
You can start making your own power of attorney document online.
When power of attorney poa is executed outside india by a non resident indian.
It specifies exactly what deeds or transactions the designated person can complete on your behalf.
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.
A special poa is narrower in scope.
Here is the general power of attorney format for nri.
Now you don t need to go searching for lawyer for this purpose.
Register power of attorney in india.
Create a general power of attorney in favour of any trustworthy person in india and hand over the responsibilities to that person.