Web8 hours ago · The Registration Act of 1908 is a law in India that regulates the registration of various documents related to immovable property. Among its major provisions are: Compulsory registration: The act requires certain documents, such as sale deeds, gift deeds, mortgage deeds, lease deeds, and power of attorney documents, to be registered. WebA power of attorney is to be registered at the office of the sub registrar within whose jurisdiction the person giving the power resides at the time of execution of the document. registered POA executed in Chennai would be valid for sale of properties in Tengana 2) son can execute sale deed in favour of buyer as POA holder

The legalities of sales through the power of attorney

WebSpecific Power of Attorney: For a specific need such as buying or selling property, you … WebJan 25, 2024 · The premise behind a power of attorney (POA) is simple: It's a document that authorizes one person – called the agent or attorney-in-fact – to take action on behalf of another person, referred to as the principal. when she is unable to act on her own behalf. This might be the case if she's disabled or away on military service. citibank india branch locator

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WebA General Power of Attorney (“ GPA ”) is a document through which one person (“ Principal ”) appoints another person (“ GPA Holder ”) to do all acts specified therein, for and on behalf of the Principal. The acts done by the GPA holder pursuant to the GPA are binding on the Principal as if done by the Principal himself. WebApr 13, 2024 · — A property deed is a legal document that shows the change of … WebThe stamp duty on the sale deed was 7% of the property's value, which was Rs. … citibank india annual report 2021