He should appoint a person through the PoA who will represent him during the registration process.
He can give it to anybody whom he considers trustworthy. He will represent him and be present at the time of the registration of the sale deed.
Sir / Madam, I am planning to buy an 2BHK Flat in Navi Mumbai from an NRI seller. Seller stays in UK. I have below questions : 1. As the owner can't come to India for registration what all formalities I need to follow so that this transaction is completed 100% safe for me 2. In such property purchase transaction, can seller give power of attorney to complete the registration formalities. 3. To whom can a seller give power of attorney for registration of sale deed. Thanks & regards
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He should appoint a person through the PoA who will represent him during the registration process.
He can give it to anybody whom he considers trustworthy. He will represent him and be present at the time of the registration of the sale deed.
seller has to execute specific POA in favour of family member to sell the flat
2) it should be attested before indian consulate
1. you will have to deduct full TDS @20% from sale price and deposit that with the government. please consult your CA
2. Yes
3. anybody. however the sale deed has to be signed by the seller before a notary public or before the Indian consulate/embassy. same goes for the poa which the seller has to sign. both these documents then have to be couriered to the poa holder who will then take steps for stamping the sale deed and for registration using the poa
A GPA executed by title holder from abroad and attested Indian Consulate/High Commissioner is valid and legal for purchase of property. It can be given to blood relation or friend. But is safer to take the GPA in the name of his relative. You need to check the following…
The NRI vendor needs to execute a PoA in favour of his relative or friend in India empowering the agent to execute and register the sale deed in your favour. You may obtain an attested copy of his passport for verification purposes. Please engage a lawyer to verify the PoA to ensure it is in order.
The seller being a NRI and not able to come to India for executing a registered sale deed in favor of the buyer, he can very well appoint a power of attorney agent to act and do all such tasks on his behalf by executing a power of attorney deed in favor of any close relative back in India.
The POA deed should be adjudicated by the concerned registrar before the power agent is acting on the basis of the said deed.