WHATISAPOWER TTORNEY,AND OWDOYOU CREATEIT?
INTRODUCTION INTRODUCTION
There are some situations in life that you cannot avoid; you must deal with them. In rare instances, people will forego getting a Power of Attorney established for a person whose signatures are required but who is unable to read or write; however, most people exercise their common sense and do so in order to prevent future instances like this.
WHAT DOES A POWER OF WHAT DOES A POWER OF ATTORNEY MEAN? ATTORNEY MEAN?
A Power of Attorney (also known as a POA) is a formal, legally enforceable document that gives a designated person the power to act on behalf of another. The agent's decision-making, which may be given extensive or limited authority, may affect the principal's assets, money, investments, and medical treatment. The Powers of Attorney Act of 1882 regulates powers of attorney (PoAs).
IS REGISTERING A POWER OF ATTORNEY IS REGISTERING A POWER OF ATTORNEY REQUIRED? REQUIRED?
Although POA registration is not required, we advise you to do so to boost its authenticity.
The POA is required to be registered under section 32(c) of the Act, according to the Registration Act of 1908.
DIFFERENT TYPES OF POWER DIFFERENT TYPES OF POWER OF
ATTORNEY? OF ATTORNEY?
General Power of Attorney (GPA)
Special Power Of Attorney (SPoA)
What paperwork is required to register a power of attorney in India?
Proof of the parties’ addresses.
Aadhaar card
Original Id proof and address proof to display before the registrar. Deed/Document to be registered
PAN CARD
HOW DO YOU CREATE A HOW DO YOU CREATE A
POWER OF ATTORNEY? POWER OF ATTORNEY?
Step 1: Get your POA draft ready. the text that needs to be printed on the document.
Step 2: Have it printed out on stamp paper online. Select the stamp paper, which comes in denominations of 100 or 500, according to your needs.
Step 3: Register it, as in some States doing so is required. For offline mode, you can go to any nearby sub-registrar office, and for online mode, you can search through reliable websites that are simple to find.
Step 4: Notary attestation is the next action that must be taken after establishing POA. When filing a power of attorney for property to the court, it must be notarized.
THANK YOU! THANK YOU!