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 Forged or outdated PoAs are a common cause of property fraud.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:
-
The PoA is registered with the Sub-Registrar.
-
It clearly defines the powers being given.
-
It hasn’t been revoked or challenged.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.
Search
Categories
- Lakshadweep
- Delhi
- Puducherry
- PROPIINN
- Arunchal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jharkhand
- Karnataka
- Kerala
- Maharashtra
- Madhya Pradesh
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Sikkim
- Tamil Nadu
- Tripura
- Telangana | Andhra pradesh
- Pulse
- Uttar Pradesh
- Uttarakhand
- West Bengal
- Andaman and Nicobar Islands
- Chandigarh
- Dadra and Nagar Haveli and Daman and Diu
- Jammu and Kashmir
- Ladakh
Read More
Prop Partners Has Helped Businesses Scale in the Real Estate Industry
Scaling a real estate business requires efficient networking, strategic partnerships, and access...
She Learns. She Earns. – NexMates is Her First Step Toward Independence
In every village, there’s a woman with the will to work—she just needs a way.NexMates...
“No Budget Stress — Just Design Success, with NexMates.”
Plan Smart. Pay Easy. Build Beautiful.At NexMates, we make your dream home possible with complete...
Loans :-The Financial Tool That Powers Possibilities
A loan is money that a person or business borrows from a bank or another lender. The borrower...
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...