Power Of Attorney For Property Format In Word

Poa refers to an important legal document that provides an individual commonly termed as the principal the opportunity to choose another person commonly referred to as the agent or attorney to effectively manage their business engagements health.

Power of attorney for property format in word.

And all acts deeds and things done my said attorney shall be binding on me in all respects in witness whereof i have signed this gpa in the presence of the following witnesses. A real estate power of attorney is used to designate another individual to manage acquire mortgage refinance convey or to sell as an agent real estate broker realtor on behalf of the principal the form may be used in a durable manner which means that if the person that is delegating the power the principal becomes in a vegetative state incapacitated then the attorney in fact. The power of attorney can be created in word file which enables it to be shared in the form of word doc between the client and the lawyer or between other people. A general power of attorney if sought to be registered shall be printed on a stamp paper.

The power of attorney may confer either general or specific powers or both on the. Registration of a general power of attorney is not mandatory unless it relates to immovable property however it is advisable to have it registered at the respective sub registrar s office depending upon the prevailing laws in a state in india. A general power of attorney for property is a legal document that allows a person usually called the principal or the donor to nominate one or more persons called attorneys to act on their behalf. In this article we are going to talk about various types of power of attorney forms that might come in handy for an attorney or legal needs.

The power of attorney does not confer or transfer any interest or title in any property on the donee as it is merely an authority to act on behalf of the donor.