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legal light consulting power of attorny

Power of Attorney

Power of Attorney Registration  : Power of Attorney (POA) is a legal document which grants the general/specific powers to the person in whose favour the document is executed.

It can be related to a specific property or specific acts or both. A Power of Attorney having specifically few powers is called Special Power of Attorney (SPA) and that having generally all the powers is called the General Power of Attorney (GPA).

In Both cases, attorney Holder is entitled to act on behalf of the Principal owner.

Classification of Attorney: The Power of Attorney can be classified into two categories which includes:

General Power of Attorney: A general power of attorney is one by which an instrument is executed by the principal authorizing the agent to do certain acts in general on his behalf.

The word ‘General’ here means that the power must be general regarding the subject matter and not general with regard to powers in respect of a subject matter.

If the subject matter is not general but restricted to something either specific or specifically mentioned by the principal while drafting an instrument then it will not constitute a general power of attorney.

It is otherwise called as limited power of attorney.

Special Power of Attorney: A special power of attorney is one by which a person is appointed by the principal to do some specified act or acts.

In this type of power of attorney, an agent conferred with a power to do specific act in a single or specified transactions in the name of the principal.

Durable Power of Attorney: A Power of Attorney which specifically says otherwise, agent’s power ends if principal become mentally incapacitated.

However, a power of attorney may say that it is to remain in effect in the event of future incapacity of the principal. A power of attorney that says this is called a durable power of attorney..

Power of Attorney  draft  Deed templet

Registration of Power of Attorney in Delhi

In case of registration for General Power of Attorney or Agreement to Sell for sale of property or transferring its rights, a stamp stamp duty equivalent to payable on registration is required to be paid.

  • General Power of Attorney if favor of those in blood relation such as father, mother, son, daughter, husband, wife, brother, sister, person of trust etc can be registered by paying a stamp duty of just Rs 50- and registration fee of Rs 1100/-
  • The principal/owner is required to be present before the Sub-Registrar Office during the presentation of paper, along with its two witnesses with the Aadhar Card.
  • Special Power of Attorney of property situated outside Delhi can be registered under certain special circumstances in Sub-Registrar Office of Delhi.

Our law firm provide information and help for the Drafting and Registration of all types of Legal and Property Documents across all the Sub-Registrar Offices in Delhi including the following :-

  • Sale Deed
  • Lease Deed / Rent Agreement
  • Agreement to Sell
  • Gift Deed
  • General Power of Attorney (GPA)
  • Will
  • Release/ Relinquishment Deed
  • Other Property Documents
For more information, you may contact us by visiting at www.legallightconsulting.com
https://legallightconsulting.com

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