poa registration
abhijit
(Querist) 23 February 2010
This query is : Resolved
dear respected sir
i stay in chandrapur (m.s) and my mother stays in akola (m.s)
we both own a property in pune (m.s) and we want to sell it know, i want to give the power of attorney to my mother .
so can i file the papers here in chandrapur, or do i have to go to akol or pune to file for the same,
please help , kindly help me with the procedure.
abhijit
(Querist) 23 February 2010
thank you so much dear Mr Subramanian
could also please help me with the procedure and the cost involved
thanks.
aman kumar
(Expert) 23 February 2010
COST involved depends on land value!
B K Raghavendra Rao
(Expert) 23 February 2010
You need to execute the deed of Power of Attorney on Rs. 100 /- stamp paper. Have two witnesses. You and your mother shall sign the document.
If you want to go for registration of that document, you need to visit the Sub-Registrar's office, produce xerox copies of sale deed (purchase deed)of the property and latest tax paid receipt. Cost involved in registration is huge. On the market price of the property, abut 7 to 8 per cent would be the stamp duty and then add registration charges.
Kumar Thadhani
(Expert) 24 February 2010
experts Mr.subramaianam andMr.rao are correct.