RELEASE DEED , AND POWER OF ATTORNY

Querist : Anonymous (Querist) 09 March 2011 This query is : Resolved
SIRS
1.HOW A PROPERTY CAN BE PURCHASED ,WHILE SON RESIDING IN USA AND FATHER WANTS TO PURCHASE PLOT FROM HIS SISTER FOR HIS SON .AS KNOWN, POWER OF ATTORNEY SHOWING PRESENCE IN USA BEFORE AMBASSY IN NEW YORK REQUIRES REGISTRATION IN INDIA AND ON THE BASIS THE DEALINGS CAN BE DONE IS IT OK?
2. CAN BUA (FATHER'S SISTER )EXECUTE REALEASE DEED IN FAVOUR OF NEPHEW ? TO AVOID EXCESSIVE STAMP DUTY ?

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 09 March 2011
Bua can relinquish her share in favour of her nephew without his presence. Even no POA is required in favour of his father. His father can remain present while release-deed is executed on behalf of his son.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now