If you are an NRI or PIO living abroad and want to sell your property in India, you can do so through a power of attorney. Rajendra Law Office can help you with the legal process. Learn a Complete Guide to Selling Property in India through POA from Abroad
What is Power of Attorney?
Power of attorney is a legal document that authorizes a person to act on behalf of another person in legal or financial matters.
How to Sell a Property in India through Power of Attorney?
- Execute a power of attorney in favour of a trusted person in India.
- Prepare and sign the sale deed.
- The attorney holder can sign the sale deed on your behalf.
- The attorney holder can register the sale deed at the Sub-registrar’s office.
- The sale proceeds can be remitted to your bank account abroad.
Legal Support for Selling Property in India through POA
- Rajendra Law Office can help you execute the power of attorney in India.
- We can also assist in drafting and reviewing the sale deed.
- Our lawyers can advise you on the tax implications of selling a property in India.
- We can also assist in obtaining a tax clearance certificate from the Indian Income Tax Department.
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Conclusion
Selling a property in India through power of attorney from abroad can be a complex process. Rajendra Law Office can provide you with the necessary legal support and guidance to ensure a smooth and hassle-free transaction.