Which city are you from? Please select city here.

Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Real Estate Forum on Poa

Real Estate Property Discussion Forum and Guide to Real Estate Queries

Filter On:


View Discussion from the month of
Q: Can someone explain the PROS and CONS of buying property by giving Power Of Attorney?

Latest Answer: Hello Paul, POA is only an authorization not ownership After the Supreme Court of India Suraj Lamp ruling property cannot be legally transferred through POA alone A registered sale deed is mandatory Pros Useful if owner is NRI or unavailable Makes execution easier Cons Can be revoked Invalid after owner death Loan issues Higher fraud risk As a builder I suggest use POA only as a support document Always insist on clear title and registered sale deed
Reply


Show More
Ask a Question
120 Characters Left

    Ask a Question
    120 Characters Left





      Trending Categories








      CommonFloor Property Search Mobile App now available on Android, iOS and Windows!