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Power Of Attorney To Execute A Deed Of Sale Legal Draft Template

Category Agreements Power Of Attorney
Format
File name Power of Attorney to Execute a Deed of Sale

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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.

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To All to Whom These

Presents Shall Come I Mr. ... residing at ...Whereas I have agreed

to sell my property situate at ... and which is more particularly described in

the Schedule hereunder written, by an agreement for sale dated ... entered into

with Mr. ...And Whereas the sale

Is expected to be completed within a short time but as I am leaving India soon

and will be out of India for a long time I will be unable to attend at the

completion of the sale and to execute the said Deed of Conveyance and other

required documents.And Whereas I,

therefore propose to appoint my wife Mrs. ... as my true and lawful attorney

with full power to do and execute the following acts, deeds and things which

she has agreed to do.NOW KNOW YOU ALL AND

THESE PRESENTS WITNESSES That I, Mr. ... hereby appoint and constitute Mrs. ...

to be my true and lawful attorney or agent with full authority or power to do

and execute the following acts deeds and things In my name on my behalf and for

me viz..1.

On

or at the time of completion of the sale of the said property, to execute the

Deed of Conveyance In terms of the draft approved by my advocate In favour of

the said Purchaser or his nominee.2.

To

receive the sale price payable by the Purchaser under the said agreement and to

pass a valid receipt for. the same.3.

To

sign the necessary transfer forms for transferring the said property to the

name of the Purchaser in the records of the Municipal Corporation and In the

Revenue records of the Govt.4.

To

execute any other documents Incidental to the Deed of conveyance if required

and as advised by my advocate.5.

To

lodge the Deed of Conveyance and other documents if any executed and requiring

registration in the office of the Registrar or Sub Registrar of Assurances

concerned and or to admit execution made before him.6.

To

give formal possession of the said property to the Purchaser by handing over

vacant possession of such part of the said property as is in my personal

occupation and by attorning to the Purchasers, the tenants who are occupying

the said property.7.

To

make an account of the rents and outstanding of the said property by way of

taxes, and other charges, deductions etc. as on the date of completion and if

after making account and adjustments thereof any amount is found payable by me

to the Purchaser, to pay the same or if any amount is found payable by the

Purchaser to me. to receive the same and give valid receipt for the same.8.

To

pay stamp duty and registration charges in respect of the said document or any

part thereof, if I am liable to pay the same under the said agreement or in

law.9.

To

settle and pay my advocate's fees in respect of the sale out of the sale

proceeds.10.

To

credit the net sale proceeds when received to my Bank Account with Bank of

.11.

To

apply for and obtain Income Tax Certificate under section 230A of the Income

Tax Act, 1961 for registration of the said Deed.12.

And

to do all other acts and things as may be required to be done for completing

the sale, of the said property and executing the Deed of Conveyance, as I would

do if personally present.AND I, hereby agree

to ratify all lawful acts and things done by the said attorney in pursuance of

the powers herein contained.IN WITNESS WHEREOF I

have put my hand this ... day of ..,2000.THE SCHEDULE ABOVE

REFERRED TOSigned and delivered

bythe withinnamed Mr .

......in the presence of

......

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