yogi 01 October 2017

Power of attorney - nri

MY WIFE AND I AM NRI

WE ARE JOINT OWNER OF A PROPERTY AND I WOULD LIKE TO HAVE HER POWER TO SELL / RENT / MANAGE / ETC FOR THIS JOINTLY OWNED FLAT, SO WHAT PROCEDURE I NEED TO FOLLOW ? CAN BE ON PLAIN PAPER OR STAMP PAPER ?? DO I NEED TO REGISTER THIS POWER ??? IF SO HOW / WHERE ? PROPERTY IS IN MAHARASHTRA

IS SUCH POWER FORMAT READILY AVAILABLE TO DOWNLOAD FROM ANY WEBSITE

Reply Follow

8 Replies

(Guest)

Power of attorney better get it drafted by an Advocateand it's harmful and not safe to get it downloaded from Internet....

yogi 01 October 2017

can you explain what you really mean by this ?

Kumar Doab (FIN) 01 October 2017

The POA has to be registered for the purpose of sale narrated by you.

Siddharth Srivastava (Advocate) 01 October 2017

Your wife is required to execute special power of attorney (SPOA) in your favour under guidance of a lawyer which shall be required to be attested by notary of Indian Embassy of your country where you are residing right now. The SPOA is to be attested in the presence of your wife. The SPOA thereafter shall be required to be stamped with revenue department of Maharashtra city where the property situated. It is only after stamping you shall be entitled to sell the property on the basis of SPOA.

yogi 01 October 2017

dear sidharth, very many thanks for your reply and noted

can you pl advise as to stamping - do you mean buying stamp and affixing it or do i have to physically take the SPOA to registrar office ? what amount of stamping is required ??