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A.Dear Client,
A General Power of attorney if confers powers to gift to a particular person specified and the General Power of Attorney is registered only then General Power of Attorney holder can execute the gift on behalf of the owner.
A General Power of attorney if confers powers to gift to a particular person specified and the General Power of Attorney is registered only then General Power of Attorney holder can execute the gift on behalf of the owner.
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A.Dear Client,
In India, the power of attorney is a legal document that grants someone (the attorney-in-fact or agent) the authority to act on behalf of another person (the principal) in various legal and financial matters, including property transactions. Whether a POA can be used to gift property depends on the specific terms and conditions outlined in the POA document.
The POA document should clearly state whether the agent has the authority to gift property on behalf of the principal. If the POA document does not explicitly grant this power, the agent may not have the authority to gift property.
In India, the power of attorney is a legal document that grants someone (the attorney-in-fact or agent) the authority to act on behalf of another person (the principal) in various legal and financial matters, including property transactions. Whether a POA can be used to gift property depends on the specific terms and conditions outlined in the POA document.
The POA document should clearly state whether the agent has the authority to gift property on behalf of the principal. If the POA document does not explicitly grant this power, the agent may not have the authority to gift property.
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A.Dear Sir,
f the GPA deed contents authorise you to transfer the property by a registered gift deed too then you can proceed, but it should specify to who you can make the gift deed. If there is no such recital in the GPA deed, then you may not be able to execute the desired gift deed.
f the GPA deed contents authorise you to transfer the property by a registered gift deed too then you can proceed, but it should specify to who you can make the gift deed. If there is no such recital in the GPA deed, then you may not be able to execute the desired gift deed.
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