Easiest Way to Transfer a Property in India by a Non-Resident Indian (NRI) without coming to India
A Non-Resident Indian (NRI) can easily transfer his/her share of property i.e. both movable and immovable property without visiting India. The same can be easily done by way of executing a “Special Power of Attorney (SPA)” in favour of a third person to whom the Non-Resident Indian (NRI) can entrust the job and responsibility to act as the authorised Agent and/or the Attorney holder and enable the transfer of the property in India. The Special Power of Attorney should essentially carry the following clauses which the Non-Resident Indian (NRI) should enumerate in favour of the Attorney holder i.e. To sign and execute...
Continue reading