HOW CAN NRIS MANAGE INDIAN PROPERTIES WITH POWER OF ATTORNEY?
Have you ever wondered how NRIs are able to manage their properties in India without ever visiting the country? In this blog post, we are going to help you learn everything you need to know about power of attorney, along with its incredible usefulness. What is A Power of Attorney? For those who may not be aware, power of attorney or POA is an official document that gives a person listed as the principal or donor the right to choose another individual to represent them. The selected representative is often known as an attorney, donee, or agent. People in India utilise the power of attorney to appoint a legal representative to help them with the smooth execution of transactions in case they are buying a house, taking out a mortgage, or selling a property. So, how does a power of attorney prove helpful for Non-Resident Indians or NRIs? POA comes in handy if an NRI buys a place in India but cannot visit the country to carry out the registration process. In such a situation, the NRI ca