When a person wishes to give power to another in respect of purchaser or sale of a property, then he/she has to register it in the Sub Registrar's office concerned where the said property is situated. Further both the executor and the power agent alongwith the witnesses should affix their photographs and produce proof of their identities.
This requirement of execution of Power of Attorney, in the places where the property is situated, is a great boon to the Purchasers. It first of all allows the purchasers to know the identities of the executant and the power holder. Further it becomes easier to find out from the said Sub Registar's office whether the power is in force or cancelled.
Also this helps in curtailing the fraudulent dealings in property by unscrupulous elements and helps the gullible people to some extent. .
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Tags :Property Law