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 Forged or outdated PoAs are a common cause of property fraud.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It hasn’t been revoked or challenged.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
Water Purifier Installation – Installed Right. Purified for Life.
Installing a water purifier isn’t just about mounting it—it’s about doing it...
The Role of PropMates in the Age of AI and Property Portals
As AI reshapes real estate and property portals flood the market, professionals need more than...
Finding the Right Electronics Service Provider Through NexMates
Whether it's a broken smartphone, a faulty laptop, or a malfunctioning home appliance, finding...
Spin Back to Smooth Laundry – Washing Machine Repair by NexMates
Washing machine not draining, spinning, or starting? Don’t worry—NexMates has you...
Beauty & Wellness Services Are Moving to Digital Platforms
The beauty and wellness industry is undergoing a digital revolution, with platforms like NexMates...