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Power of Attorney: Giving POA to NRIs for Property Transactions

Overview:

Non-Resident Indians (NRIs) often need a Power of Attorney (POA) to manage property transactions in India, including:

  • Buying or Selling Property: An appointed representative can sign documents on their behalf.
  • Renting or Leasing Property: The POA holder can handle rental agreements.
  • Managing Financial Transactions: Includes property tax payments and mortgage handling.
  • Legal Representation: Appointing someone to represent them in court matters.

A lawyer helps draft and register the POA to ensure it is legally valid and enforceable.

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