Power of Attorney in Real Estate – Risks and Precautions

0
871

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 Forged or outdated PoAs are a common cause of property fraud.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  • It hasn’t been revoked or challenged.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
Read More
NexMates
Your Time, Your Terms – Book How You Want
Why adjust your schedule for services when services can adjust to you?With NexMates, you choose...
By NexMates 2025-07-10 05:25:48 0 596
NexMates
Your Feedback Powers Nexmates: Help Us Serve You Better
 Your Feedback Matters! At Nexmates, your feedback shapes our service quality.After every...
By NexMates 2025-06-10 08:38:49 0 857
Rera
Understanding RERA Guidelines for Builders & Developers – What Agents Must Ensure
The Real Estate Regulatory Authority (RERA) establishes clear rules for builders and developers,...
By RERA - News, Regulations & Updates 2025-04-26 10:12:47 0 2K
Legal
Power of Attorney in Real Estate: Rights and Risks
A Power of Attorney (PoA) is a legal document that lets someone else act on your behalf in...
By PROPLegal 2025-07-02 05:53:07 0 680
NexMates
"Say goodbye to tan, hello to glow!"
De-Tan Facial – Restore Your Natural GlowSun damage making your skin look dull and patchy?...
By NexMates 2025-06-16 05:34:37 0 760
PROPIINN | IINNSIDE https://agent.propiinn.com