LawRato

Need POA draft and registered for NRI


06-Jul-2023 (In Property Law)
Hi Team, I am planning to sell my property in Bangalore. Since I am NRI, I need to create POA for the same. The property owned by myself and my wife, We are both outside India, due to current circumstances we are not able to visit India, another 6 months. But we got buyer to sell the property. We got to know that we need to execute Special power of attorney for selling our property for both of us name to our blood relative. nPlease let me know price for drafting the doc and registering.
Answers (2)

Answer #1
679 votes
I understand your questions so now you want to sell the property in India but you are staying in out if India so property is in your wife name and you jointly register right yes it is possible but buyers is ready to purchase. you can do the GPA so it is NRI authatication is important so GPA registration charge I will take reasonable fees so thank you for asking questions.
Helpful? LawRato LawRato

Answer #2
736 votes
500/- Stamp Duty and Rs. 100/- Registration Fees will be applicable for the Power of Attorney to sell the property without consideration if it is given to the father, mother, brother, sister, wife, husband, daughter, son, grandson, granddaughter or father, mother, brother, or sister of the spouse.
Helpful? LawRato LawRato

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.

Report abuse?

Comments by Users

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."