Glossary

Power of Attorney

Power of Attorney is a legal instrument that grants an individual, known as the agent or attorney-in-fact, the authority to act on behalf of another person, the principal. This document specifies the scope of powers delegated, allowing the agent to manage financial, legal, or property-related matters when the principal is unavailable or incapacitated.

In the context of real estate, Power of Attorney is essential for property owners who reside abroad or are unable to attend physical closings. It facilitates the seamless execution of sale deeds, lease agreements, and registration processes without requiring the owner's physical presence. By formalizing this delegation, principals ensure that critical transactions proceed according to schedule, preventing delays in property management or asset liquidation that might otherwise arise from geographical distance or personal unavailability.

To be legally binding, a Power of Attorney must be drafted clearly, specifying whether it is general or specific to a particular transaction. In India, the document typically requires notarization or registration at the local sub-registrar’s office to be recognized for property transfers. Principals should exercise caution by limiting the scope of authority to specific tasks and duration. It is standard practice to consult legal counsel to ensure the instrument complies with local jurisdictional requirements and protects the principal's interests.

Last updated: 2026-09-17