Power of attorney

Dear chirag,

By giving a POA to your brother, you cannot make him the owner of the said property. You will have to execute a settlement deed or a relinquishment deed by paying the appropriate stamp duty charges. This POA will have no value as it is an immovable property.

All transactions related to immovable property must be compulsarily registered as per Transfer of property act and registration act.

 

Hi Chirag,

 

Power of Attorney --- Means for example “A is assigning B to step into his shoes for a particular subject”. But not the sole transfer of A’s right over such subject”

 

In your case go for execution of Settlement Deed or a Relinquishment Deed as advised by Advocate Vishnu.

 

Whether in present or future unless you execute such deeds your brother has no role to play in your property and no question of your brother owning 50% share of property.

 

 

Rajesh Kulkarni

Advocate, Hyderabad

thanks for repling, means in future if any dispute occurs between me & my brother so i can refuse to give share in this property????? i only can sell this property without intimating or without any signature of my brother??? thanks in advance....