What Is Power Of Attorney For Property Registration And Its Types? Chennai



  • To manage your property, medical, or financial affairs on your behalf, a Power of Attorney (POA) is a legally enforceable instrument that names someone to manage it.

  • Although it may be unsettling to consider the possibility of requiring one, a Power of Attorney (POA) is a crucial aspect of your estate strategy.

  • In the event that you are unable to manage your own affairs, a POA is frequently employed.

  • Each form grants varying levels of authority to your attorney-in-fact—the person who will make decisions on your behalf.

  • Some power of attorney for property registration goes into effect right after you sign them, while others don’t take effect until you’re incapacitated.

  • Real estate has traditionally been one of the most popular asset sectors for hiding unexplained funds.

  • Various methods, such as the sale and purchase of property were devised over time to make the investment appear lawful (PoA).

  • if you purchase a property from someone who has a (POA), As a result, the former owner will continue to be regarded as the titleholder.

  • In addition, the Supreme Court determined that sales made under a general power of attorney are not protected by the law.

  • In this post, we’ll look at what an attorney actually does and what authority power of attorney (POA) gives them.

  • A Power of Attorney is a legal typically signed by someone who is unable to carry out their transactions in person for a variety of reasons.

  • Some of the many reasons why someone would delegate authority to someone else to accomplish a task are as follows:

  • If the principal is based in another country and cannot be present for the obligation,

  • Furthermore, if the principal is ill and confined to his or her bed,

  • If the principal is an elderly citizen with health issues, or if the principal is

  • If the principal has another legitimate reason for being unable to carry out their responsibilities independently.

  • We can proceed to the following step now that we understand what a power of attorney for property registration is and how the legal procedure works.

  • When purchasing or selling a property, a POA for property registration is not a legitimate instrument for transferring property titles.

  • However, in Indian cities, selling a property through a general power of attorney is a legal has become normal practice due to the financial benefits it provides to both the buyer and the seller.

 Published date:

May 26, 2023


Tamil Nadu



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