Power of Attorney in Real Estate – Risks and Precautions
A Power of Attorney (PoA) allows someone to act on behalf of the property owner—handling decisions like selling, leasing, or managing the asset. It’s useful when the owner is unavailable, such as NRIs or elderly individuals.
But here's the catch: PoA can be misused if not executed and verified carefully. Forged or outdated PoAs are a common cause of property fraud.
Always check if:
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The PoA is registered with the Sub-Registrar.
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It clearly defines the powers being given.
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It hasn’t been revoked or challenged.
At Propiinn, we emphasize clarity before commitment. When buying property through PoA, our platform encourages transparency from PropMates—ensuring you know exactly who holds the authority, and why.
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