Reg - Issuing Power of Attorney for Sale of Land
03-Jul-2023 (In Property Law)
i have finalized a amount for the sale of property. Buyer is a builder, who might go into joint venture after completion of sale deed. towards this i have received 30 percentage of payment towards this, now he is asking for power of attorney for the land.
my 70 percentage payment is still due, at this point, is it advisable to go with poa, and is there any draft for this format. if so please do share us.
u can go for a joint venture where u can be a part of it. is not advisable as u stated that payment is due. if u are giving POA to the buyer, he has the right to sell your property without your consent ..
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