Hello Respected People,
I am buying a Flat in Ghaziabad Vaishali area which is in multi storey flat made by private builder. The original owner is no more and his wife wants to sell the property. The Will is there but its not registered.
They have 3 Daughters who all are married and out of the 3 two are in India but none in ghaziabad and one them is staying abroad. As per their lawyer they are the equal owner of 25% share and to do the sale they have made a power of attorney in the name of Mother to do whatsoever of their equal share. The two power of attorneys are registered in State of Jharkhand where one of the daughter stays and the POA from the sister living abroad is done in the presence of consel general of India in that country but not registered.
Now when i checked with lawyers at sub registrar office in ghaziabad they have asked the Revokable POA from all the daughters along with abroad POA registered in India as per the law.
Can someone please guide what is the normal procedure and what is the difference between Revokable POA and normal POA and will i be able to get a loan on such property?
Looking forward for your valuable advice.
Best Regards
Denis