Who can execute a power of attorney?

Posted On & filed under .

law

A person who has attained majority may execute power of attorney in favour of another person who has attained majority including family members like brother, sister, father and mother to act on his behalf. If a power of attorney is executed to sell property in favour of relatives other than those mentioned above, 2 percent… Read more »

Does an agent under a power of attorney get the property transfered in his name through the said power of attorney?

Posted On & filed under .

Privy Counci

No. It is wrong to say that ownership is transferred by getting General Power of Attorney. Persons purchasing property must get the sale deed registered. This principle applies to other kinds of transactions also. There are two kinds of Power of Attorney. A. General Power of Attorney (GPA) B. Special Power of Attorney (SPA) (A)… Read more »

What are the kinds of Power of Attorney?

Posted On & filed under .

law

There are two kinds of Power of Attorney. A. General Power of Attorney (GPA) B. Special Power of Attorney (SPA) (A) General Power of Attorney is executed by a person in favour of another to act on behalf of him generally. It may include management of property, Court matter/litigations, sale of mortgage of property or… Read more »