VIMAL ASSOCIATES

 PREM CHAND

 9 Years Exp

 General Power of Attorney (Show More)

, Haldiyon Ka Rasta

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Overview

Where the principal authorises the Attorney to do certain general acts 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.

Either you can give a GPA for all your properties, banking transactions, tax matters, registration, legal disputes and court matters etc. Or you can give a general power to any one category like only for all property matters or only for all Banking processes etc. This type of Power is very wide and has lot of risk if the Attorney is not a trustworthy person.

General Power of Attorney is executed by a person in favour of another to act on behalf of him generally. It may include management of property, Court matter/litigations, sale of mortgage of property or any other act.

A person who has attained majority may execute power of attorney in favour of another person who has attained majority including family members like brother, sister, father and mother to act on his behalf. If a power of attorney is executed to sell property in favour of relatives other than those mentioned above, 2 percent stamp duty shall be paid on market value of such property.

If a power of attorney is executed in favour of developers, Builders of apartment, 4 percent stamp duty shall be paid on market value of such property. (see article 5(f) & 41(a), 41(ea), Schedule to Karnataka Stamp Act 1957).

a.GPA automatically gets cancelled on the death of Executant.

b. Principal (Executant) may cancel it any time.

If the Power of attorney is executed for consideration in respect of property it cannot be unilaterally revoked, prejudicial to the interest of the agent (See Sec.202 of Indian Contract Act, 1872).


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Name : PREM CHAND

Law Firm Name : VIMAL ASSOCIATES

Country : Andorra

Practicing Since: 2017

About Your Firm : VIMAL ASSOCIATES

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  Legal Opinion/Title Certification ( Commercial complex )
  Land Sourcing ( Villa Project )
  Project Approvals ( Commercial complex )
  Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Land Sourcing ( Commercial complex )
  Project Approvals ( Conversion of Land )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Procure Specific Property Document(s) ( Occupancy Certificate )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Power of Attorneys ( Drafting General Power of Attorney )
  Packages ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Packages ( Residential Layout )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  CREDAI Registration ( CREDAI Registration Assistance )
  Packages ( Villa Project )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Procure Specific Property Document(s) ( RTC )
  Forming Owners Associations/Societies ( Apartments )
  Packages ( Commercial complex )
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  Procure Specific Property Document(s) ( Mutation )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Forming Owners Associations/Societies ( Layouts )
  Project Approvals ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
  Legal Opinion/Title Certification ( Residential Layout )
  Land Sourcing ( Apartment/Builder Floor )
  Project Approvals ( Residential Layout )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
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  Procure Revenue Documents ( Khata Extract )
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  Notary & Attestation Services ( Tenant Police Verification )
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 NRI Services

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  Succession Certificate ( Succession Certificate )
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  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
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 Corporate Services

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 Realtors

  Agents - Resdential ( Residential House )
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  RERA Consultation ( RERA Approved Agent )
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  Agents - Resdential ( Residential Plot )

 Property Managers

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  NRI Property Management ( Property Buying/Selling )
  Residential Property Management ( Repairs & Fixes & Maintenance )
  Commercial Property Management ( Corporate Property Management )
  Commercial Property Management ( Hotel And Restaurant Management )
  Residential Property Management ( Residential Apartments )
  NRI Property Management ( Property Management Advisory )
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  NRI Property Management ( Property Bill Payments )
  Commercial Property Management ( Commercial Leasing Management )
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  Residential Property Management ( Individual House/Villa )
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  Residential Property Management ( Independent/Builder Floor )
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  NRI Property Management ( NRI Residential Property Management )
  Residential Property Management ( Farm House )
  Commercial Property Management ( Commercial Building Management )
  NRI Property Management ( NRI Commercial property Management )
  Residential Property Management ( Tenant Management )
  Residential Property Management ( Serviced Apartments )
  Commercial Property Management ( Office Complex Management )
  NRI Property Management ( Tenant Management )
  Residential Property Management ( Rental Assistance )
  Residential Property Management ( Studio Apartment )

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