Irrevocable Power Of Attorney For Land
Description
How to fill out Colorado Irrevocable Power Of Attorney Designating Clerk Of Court As Agent For Service Of Process?
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FAQ
Such Power of Attorney may be revoked by the principal or the Power of Attorney holder by the procedure according to law. For revocation of irrevocable Power of Attorney, the principal is required to issue a public notice through local newspapers, without which, the revocation shall stand void.
Power of Attorney: Registration: In many cases, a general or specific power of attorney need not be registered. The question of registration arises only if a power is given for the sale of immovable properties. The Indian Registration Act does not make a power of attorney compulsorily registerable.
A power of attorney can be made irrevocable if it is given with due consideration and if it specifically mentions that it is irrevocable. Such a power of attorney would operate beyond the life of the granter, says Joshi.
Is property sale through power of attorney legal? In 2011, the Supreme Court ruled that property sale through power of attorney (PoA) is illegal and only registered sale deeds provide any legal holding to property transactions.
Latest supreme court judgement on power of attorney 2021 A PoA is not an instrument of transfer in regard to any right, title or interest in an immovable property, a three-judge bench, headed by justice RV Raveendran, said, adding that property can legally be transferred only through a registered sale deed.
