Advocate Abhishek P.N – Property Lawyer in Bangalore

Power of Attorney in Real Estate by Advocate Abhishek P.N – Property Lawyer in Bangalore, Civil Lawyer in Bangalore

Real Estate Power of Attorney: In real estate, a power of attorney is essential to the purchase or sale of a house. For a very long time, the POA's authority was mismanaged because it was used to invest black money instead of paying capital gains tax. A law stating that POA should only be used for legitimate transactions and not for the transfer of title or right to another person or piece of property was passed by the Supreme Court in response to this issue.

Conversely, any power of attorney designated to assist in the property exchanges ought to be registered with a sub-recorder located in the buyer's home jurisdiction. The POA chosen should be approved by the consulate of the country the home buyer resides in if they are an NRI.

Get any Property issues solved by the best property lawyer in bangalore, Civil Lawyer in Bangalore – Advocate Abhishek P.N