Buying property in india using POA
13-Jul-2023 (In Property Law)
Is it ok to transfer money from my NRI account to my mother saving account to buy a property in india registered on my name ? I will be creating a power of attorney for my mother to register this property on my name
Kindly note it is mandatory to get endorsed any document from their respective Indian Embassy of residence.
If you send that POA,kindly note that it requires to be registered at Registration Office in India of your mother’s's residence with a fee of Rs 200/ or so and he can use it as and when required and please do not go for General Power Of Attorney but the specific one for the specific transaction.
If you send that POA,kindly note that it requires to be registered at Registration Office in India of your mother’s's residence with a fee of Rs 200/ or so and he can use it as and when required and please do not go for General Power Of Attorney but the specific one for the specific transaction.
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 Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Legal Documentation for Claiming Ancestral Property Share Without Disp
- Agriculture land and house property are two separate entities or singl
- Grandfathers property sold out by the grand daughters.
- Gift deed from mother to son but paid in cash the property value
- Cancellation of registered agreement to sell
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."