grandchildren residing abroad can give power of attorney to their maternal grandfather for the sale of their immovable property in India
Whether grand children residing abroad can give power of attorney to their maternal grand father for the sale of their immovable property
grandchildren residing abroad can give power of attorney to their maternal grandfather for the sale of their immovable property in India. There is no restriction on who can be appointed as an attorney-in-fact, as long as the person is competent to contract and is not a minor.
However, it is important to note that the power of attorney should be drafted carefully and should clearly specify the powers that are being granted to the attorney-in-fact. It is also advisable to have the power of attorney notarized and attested by the Indian embassy or consulate in the country where the grandchildren are residing.
Here are some additional things to keep in mind when executing a power of attorney for the sale of immovable property in India:
The power of attorney should be executed on a stamp paper of the appropriate value. The value of the stamp paper will vary depending on the state in which the property is located.
The power of attorney should be registered with the sub-registrar's office in the jurisdiction where the property is located.
The power of attorney should be specific and should clearly state the powers that are being granted to the attorney-in-fact. For example, the power of attorney should state whether the attorney-in-fact is authorized to negotiate and finalize the sale of the property, sign the sale deed on behalf of the grandchildren, and receive the sale proceeds.
The power of attorney should be valid for a specific period of time. Once the power of attorney expires, the attorney-in-fact will no longer be able to act on behalf of the grandchildren.
It is also advisable to have the power of attorney reviewed by a lawyer before executing it. This will help to ensure that the power of attorney is drafted correctly and that it adequately protects the interests of the grandchildren.
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