Scope of Power of Attorney
3 years ago
Can a person holding Power of Attorney exercise the rights conferred through it to sign such agreement on behalf of the Principal which transfers the right of the Principal to the POA holder?
A.Hi,
Yes you can sign on such agreements which are legal. Through the power of attorney, the principal gives the right to the agent to act on his/her behalf. An agent's appointment will become invalid if the principal loses the capacity to make their own decisions.
Yes you can sign on such agreements which are legal. Through the power of attorney, the principal gives the right to the agent to act on his/her behalf. An agent's appointment will become invalid if the principal loses the capacity to make their own decisions.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi.
Through the power of attorney, the agent gets the right to act on behalf of the principal but in goof faith and the act has to be lawful. If the signs are needed to accomplish a legal act, you can sign on his/her behalf.
Through the power of attorney, the agent gets the right to act on behalf of the principal but in goof faith and the act has to be lawful. If the signs are needed to accomplish a legal act, you can sign on his/her behalf.
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Ankur Goel @ Complete Law Shield
Responded 3 years ago
A.yes.
Hope this clarifies.
Hope this clarifies.
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A.Dear Sir,
If you are a blood relative of principal then only you can execute agreement of sale etc.
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If you are a blood relative of principal then only you can execute agreement of sale etc.
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