I want to purchase a commercial property owned by a NRI with US Passport. The owner is in US and unable to walk due to paralisys and he is unable to sign the documents. According the real estate agent, the sale deed will prepared by an Indian advocate and will forward to him, which he will sign ( thumb ) with two local witness. And will provide a agent POA to the real estate agent to be present & execute the registration. This POA will be signed infront of Indian Embassy Chicago. According to the local advocate, there is no need to pay the 6% stamp duty on this case, as the sale deed is signed by the owner himself.
So I want to know whether this is a proper procedure to transfer the tile legally? Else, please inform what's the appropriate procedure.
