Sudip Mookherjee (Asst Manager Finance) 06 August 2013
I am going to buy a Flat from a Developre who has been given Power of Attorney by the owner of the property , which has been registered in Dec 2012 My Question is there any time frame for Validity of this POA as per LAW. or is it indefinite
If Developer signs on the Conveyance Deed , can the Owner cause any problem in future ?
A.SUMATHY 9380902017 (LAWYER) 06 August 2013
No frame time. Power attorney is valid till cancellation, or deceased either party that is principle or POA holder.
Also verify coveyance right is given in the POA.
otherwise no problem.
2BHelpfull (Other) 07 August 2013
no time limit for validity of POA
''If Developer signs on the Conveyance Deed , can the Owner cause any problem in future ?""
it all depend on what powers r confer on builder by owner through POA.
content of POA is important.
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