626+ Lawyers are online 
Daughter in Canada how can the POA be executed?
01-May-2023 (In Documentation Law)
I own a flat in Pune valued at 1 Cr plus. I wish to gift it to my daughter who is a Canadian citizen. I am aware that I can execute a gift deed through PIO and that I have to pay 2 % stamp duty etc. Will she be able to sell it later (say after 5 years). Can she work on this through a Power of Attorney since it will be difficult for her to come to India often. Also, how and where the Power of Attorney should be executed?
Transfer of immovable property is possible through POA if the same is a registered one. If the Principal is a foreign citizen/resident then he/she can execute POA from his/her country of residence and get it notarized and attested from local Notary and Consulate Officer. The same then is required to be Adjudicated from local Collector. Then on its basis the attorney can get or transfer immovable property.
So in your case the POA can be executed in Canada in the above mentioned manner and then sent to India for further procedure.
So in your case the POA can be executed in Canada in the above mentioned manner and then sent to India for further procedure.
Helpful?
200+
200+
Adv. Siddhant Sharma
Delhi | 200+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Documentation lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
