Special Power of Attorney in Favour of Two Persons to Execute Sale Deed (India) by OLL
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Special Power of Attorney in Favour of Two Persons to Execute Sale Deed
I, KM, age about …… year’s s/o BL, r/o ………………….., do hereby appoint Mr. RK, s/o Mr. VK r/o ………………… and RB s/o GB, r/o …………………, and every one of them to be my attorney to conduct the under mentioned work for and on my behalf :
1. That the said attorney shall execute the sale deed of my house No. ……………… in favour of Mr. DC, s/o Mr. HC, r/o………………….. on a sale consideration of Rs. 10,00,000/- (Rupees ten lac thousand only).
2. That the said attorney/attorneys shall receive the sale amount and issue factual receipt to Mr. DC.
3. That the said attorney (s) shall deposit the amount in my current account No. …….. in the …………… Bank, …………..Branch.
4. That the said attorney (s) shall deliver the vacant possession of the said house to Mr. DC, and do all other works connected with this sale deed.
5. That the conduct of the attorney(s) shall be binding on me and shall be deemed to have been done by me.
IN WITNESS WHEREOF I have signed this power of attorney in the presence of the following witnesses : on ……….. day of ……………..
Witnesses:
1…………
2……….. Signature
(KM)
This document is a Special Power of Attorney designed to authorize two specific individuals to act on behalf of a property owner. It enables them to execute a sale deed, receive payment, and transfer possession of a specific property in India.
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About this template
What is this template?
This is a special power of attorney specifically for property divestment in India. It is not a general power of attorney as it limits the attorney's authority to a single property transaction and a fixed sale price of Rs. 10,00,000.
When should you use it?
Use this when you need agents to sign a sale deed and hand over keys because you cannot be physically present at the registration office. Use a General Power of Attorney instead if you want the agents to manage multiple properties or legal affairs.
What's inside
| Clause | Name | What it does |
|---|---|---|
| 1 | Execution of Sale Deed | Authorises the attorney to execute a sale deed for House No. [number] in favour of a named buyer for Rs. 10,00,000. |
| 2 | Receipt of Sale Consideration | Permits the attorney to receive the sale amount and issue a factual receipt to the buyer named DC. |
| 3 | Deposit of Funds | Obliges the attorney to deposit all received sale proceeds into the principal's specified current bank account. |
| 4 | Delivery of Possession | Empowers the attorney to deliver vacant possession of the property and perform all other tasks related to the sale deed. |
| 5 | Binding Effect | Estates that all acts performed by the attorneys are legally binding on the principal as if done by them personally. |
Who it's for
- a property owner in India appointing two agents to manage a specific house sale
- an individual unable to personally attend the registration of a sale deed for Rs. 10,00,000
- a principal requiring sale proceeds to be deposited directly into a specific current bank account
How long it runs and how it's signed
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