How to Draft and Register a General Power of Attorney (GPOA) in Jaipur

7 mins

Understand how a GPA empowers an agent to manage legal and financial matters on your behalf.

A legal instrument known as a general power of attorney allows one person to give another person permission to act on their behalf. The “principal” is the one who grants authority, while the “agent” is the one who receives authorization under the power of attorney.

As the name suggests, a broad power of attorney is not created with a specific goal in mind and the agent may act on the principal’s behalf in a variety of situations.

The principal is bound by the actions of an agent working under the authority of a general power of attorney. When a principle becomes ill or disabled or is unable to be present to sign the legal documents required for financial transactions, a power of attorney is commonly employed.

What is General Power of Attorney (GPA) in Jaipur?

A General Power of Attorney (GPA) offers the agent extensive authority to act on behalf of the principal in numerous legal and financial concerns in Jaipur. This could entail managing bank accounts, executing property transactions and even making business decisions.

It is essential to comprehend the differences between a General Power of Attorney (GPA) and a Special Power of Attorney (SPA) while handling real estate transactions, particularly when it comes to house loans. Although these legal documents are crucial for granting someone permission to act on your behalf, they have different functions and have different consequences.

Understanding the distinction between these two forms of power of attorney helps protect your rights and expedite your transactions, whether you are buying a property, applying for a home loan or managing your real estate investments.

Understanding Power of Attorney (POA)

A Power of Attorney (PoA) in Jaipur is a legal document that gives someone (the agent or attorney-in-fact) the ability to act in a financial or legal capacity on behalf of another person (the principal).

Depending on the kind of PoA established, this power transfer may be extensive or restricted. When the principal of a house loan is unable to physically sign paperwork, oversee financial transactions or make real estate choices, a power of attorney (PoA) is frequently utilized.

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General Power of Attorney (GPA)

The agent is granted extensive authority to act on behalf of the principal in a variety of legal and financial problems by a General Power of Attorney (GPA). This could involve handling real estate transactions, bank account management and even commercial decision-making. In essence, a GPA gives the agent the ability to do nearly anything that the principle could lawfully do on their own.

Key features of GPA

1. Broad authority: The agent has the ability to handle a variety of duties, such as handling real estate transactions and financial management.

2. Versatility: A GPA can be applied in a variety of contexts, such as managing several properties or corporate activities and is not restricted to any particular task.

3. Risk factor: Because of its wide reach, there is a greater chance that the agent may abuse or misuse their position of authority.

4. Duration: A GPA usually lasts until the principal cancels it or loses the ability to do so.

When it comes to house loans, a GPA could be used to provide someone the authority to oversee every step of the procedure, including as negotiating with lenders, signing loan contracts and managing payouts.

However, lenders frequently examine these papers carefully and could need further protections because of the extensive authority granted under a GPA.

Why is General Power of Attorney (GPA) required in Jaipur?

In order to cover circumstances in which an individual is incapable of acting for himself and may need someone else to act on his behalf, a general power of attorney is frequently necessary. In many cases, a general power of attorney may be necessary when the principle is unable to act for himself due to an illness, physical or legal impairment or both. In circumstances where the principal must make decisions or complete particular responsibilities, etc., it could be utilized to fill in for him or her.

Special Power of Attorney (SPA)

In contrast, the scope of a Special Power of Attorney (SPA) is more constrained. It gives the agent the power to carry out particular tasks on the principal’s behalf. An SPA might, for instance, provide someone permission to sign a specific contract, sell a specific piece of real estate or oversee a single transaction.

Key features of SPA

1. Limited authority: According to the SPA document, the agent’s capabilities are limited to particular duties or transactions.

2. Specificity: Because an SPA is designed for certain uses, it is less likely to be abused.

3. Time-bound: An SPA usually only lasts as long as the particular job or transaction is ongoing.

4. Lower Risk: Compared to a GPA, there is a far smaller chance of abuse because the agent’s authority is strictly limited.

Because it clearly defines the agent’s authority, lenders frequently prefer an SPA in home loan transactions. For example, while the principle is overseas, an SPA may be used to provide someone permission to sign loan documents on the person’s behalf. This adds a degree of protection for all parties involved by guaranteeing that the agent cannot operate beyond the precise permission authorized.

Key differences between General and Special Power of Attorney

1. Scope of authority:

GPA: Gives the agent broad, generic authority to operate in a variety of financial and legal situations.

SPA: Limits the agent’s ability to act to certain tasks or transactions by granting them specific and limited powers.

2. Risk of misuse:

GPA: Greater danger because of the extensive authority provided.

SPA: Less danger because the agent’s power is well-defined and restricted.

3. Flexibility:

GPA: More adaptable and suitable for a range of applications without requiring several documentation.

SPA: Because it is designed for particular uses, it is less versatile but more secure.

4. Validity:

GPA: Usually valid until the principal becomes incompetent or it is revoked.

SPA: Usually only valid till the particular transaction or task is finished.

5. Preference of the lender:

GPA: Because of the extensive authority involved, lenders may be wary and ask for further proof.

SPA: Lenders frequently like SPA because of its clarity and constrained scope, which lowers the possibility of unlawful activity.

Differentiating factors	SPA	GPA
Scope of Authority	SPA can only be used for specific actions and transactions.	GPA is broad and gives the owner more power for a variety of reasons.
Objective	Only a specific, clearly defined purpose may be served by SPA.	GPA can be used for a number of fundamental and ambiguous reasons.
Span	SPA is event-specific and has a restricted time frame.	GPA may continue until it is canceled or the principal is found incompetent.
Use cases	utilized in business agreements, legal matters, and real estate deals	utilized in extended financial management, real estate transactions, and corporate operations.
Revocation scenarios	SPA is terminated after the designated work is finished.	When the principal passes away, becomes unable, or expressly revokes their GPA, it is revoked.
Customisation	To meet the needs of a particular transaction, SPA can be altered.	GPA can cover a variety of activities, increasing versatility.
Applicability	SPA is used when the owner requests that someone else handle certain situations on their behalf.	When the principal appoints an agent to manage several situations, GPA is helpful.

Confused About GPA Registration? We Can Help! Understand the legal process & ensure proper documentation with expert guidance.

Format for General Power of Attorney (GPA) in Jaipur

Draft of General Power of Attorney

To All to Whom these presents shall come, I …….. of ……

WHEREAS, I am desirous of appointing some fit and proper person to look after all my immovable properties, business and other affairs and requested Mr. …… of …….. (hereinafter called ‘the Attorney’) to act for me and manage and look after my affairs which the Attorney has consented to do

NOW KNOW YOU ALL AND THESE PRESENTS WITNESS that I, the said … do hereby appoint the said ….. as my true and lawful Attorney with full power and authority to do and execute all acts, deeds and things as hereinafter mentioned.

1. To ask, receive and recover from all receivers, farmers, tenants and all other occupiers whatsoever whether holding under a written lease or agreement or otherwise, of my lands and buildings, all rents, arrears of rent and services. issues, profits, emoluments and sums of money are now due owing and payable or at any time hereafter to become due, owing and payable in respect of the same in any manner whatsoever and also on non-payment thereof to take summary proceedings to distrain or distress according to law and to give notices to quit and vacate and file suits and proceedings in ejectment and to recover rents and compensation for use and occupation and to make like and appropriate demands and take like and appropriate actions and proceedings against trespassers.

2. To appoint any fit person to be steward, bailiff, receiver or servant for the management of my lands and premises and to recover rents thereof and the same or any of such stewards, bailiffs, receivers or servants at pleasure to remove and displace as the attorney shall think fit.

3. To contract with any person for leasing for such period at such rent subject to such conditions as the attorney shall see fit, all or any of the said premises and any such person, to let into possession thereof and to accept surrenders of leases and for that purpose to make and execute any lease or grant or other lawful deed or instrument whatsoever which shall be necessary or proper in that behalf.

4. To pay or allow all taxes, rates, assessments and charges. deductions, expenses and all other payments and outgoings whatsoever due and payable or to become due and payable for or on account of my said lands, estates and premises.

5. To enter into and upon my lands and buildings and structures whatsoever and to view the state and defects for the reparation thereof and forthwith to give proper notices and directions for repairing the same and to let manage and Improve the same to the best advantage and to make or repair drains and roads thereon.

6. To sell (either by public auction or private treaty) or exchange and convey transfer and assign any of my lands and buildings and other property for such consideration and subject to such covenants as the Attorney may think fit and to give receipts for all or any part of the purchase or other consideration money And the same or any of them with like power, to mortgage charge or encumber and also to deal with my immovable personal property or any part thereof as the Attorney may think fit for the purpose of paying off reducing consolidating or making substitution for any existing or future mortgage. charge, encumbrance. hypothecation or pledge of the same or any part thereof as the Attorney shall think fit and in general to sanction any scheme for dealing with mortgages, charges hypothecations or pledges of any property or any part thereof as fully and effectually as I myself could have done.

7. To purchase, take on lease or otherwise acquire such lands, houses, tenements and immovable property generally as the Attorney may think fit or desirable.

8. To prepare a layout by sub-dividing any land into plots and obtain the necessary approval of any local authority for the same if required.

9. To develop any land or plot of land vacant or with any building or structure thereon by constructing new buildings or buildings thereon and on a Flat ownership basis, to sell the flats and other premises therein on such terms as the Attorney may think fit and to transfer the land with such building to any co-operative housing society or company or on Apartment ownership basis and to execute necessary documents in that behalf.

10. To enter into any development agreement with any developer or builder authorizing him to develop any of my properties as mentioned above and to do and execute all acts and deeds as may be required to be done or executed.

11. To sell or to concur in selling in private sale or In any other manner any of my stock, merchandise, goods, chattels and other effects, articles and things for such consideration and subject to such conditions as the Attorney may think fit and to receive the proceeds thereof and to give receipt for all or any part of the sale proceeds or other consideration money.

12. To pledge, hypothecate or charge or concur in pledging to hypothecate or charging with, to or in favor of a Bank or Banks or any other financier body or Individual any personal or moveable properties, goods, chattels, merchandise, commodities, effects and things for such considerations and subject to such conditions as the Attorney may think fit and for that purpose to sign, execute and deliver all necessary instruments and deeds of mortgage, charge, hypothecation, pawn, pledge, lien and trust receipts and to receive the consideration money or otherwise for such pledge, pawn, hypothecation, charge, mortgage, lien and the like.

13. Also to draw, make, sign, accept or endorse pledge, hypothecate or otherwise negotiate all or any foreign or Inland bills of exchange, hundi, cheques orders for payment of money and promissory notes and to sign, seal, execute, deliver, endorse, accept, assign or transfer all mortgage deeds, bills of lading, delivery orders or other symbols or Andicia of or documents of title relating to goods or merchandise, policies of assurances, charter parties, ships certificates, bills of sale, securities of any Government, municipality or local authority wheresoever situate or other stocks, shares, debentures, mortgages, obligations or other securities of any company or corporation whether commercial, municipal or otherwise and all and every other public or other securities, stocks or shares, foreign or otherwise and to deal with the same and to receive the proceeds thereof respectively.

14. To purchase, take on hire, borrow or otherwise acquire machinery, tools, spare parts, raw materials, merchandise commodities, goods, wares, articles, effects and things and to deal in and with the same and to dispose of the same in such manner and for such consideration as the Attorney may think fit.

15. To borrow any sum of money on such terms and with or without security as the Attorney may think fit for any of the purposes of these presents.

16. To deposit any money which may come to his hands as such attorney with any banker, broker or other person and any of such money or any other money to which i am entitled which now or hereafter is or shall be deposited with any banker, broker or another person to withdraw and either employ as the Attorney shall think fit in the payment of any debts or the keeping down of interest payable by me or the creation of sinking fund for the liquidation of any charges or encumbrances affecting any moveable and immovable property or any part thereof or in or about any of the purpose mentioned in these presents or otherwise for my use and benefit or to invest in any such stocks, funds, shares or securities as the Attorney may think proper and to receive and give receipts for any Income or dividends arising from such investments and the same investments to vary or dispose of as the Attorney may think fit.

17. To continue and or to open new, current and or overdraft accounts in my name with any Banks or Bankers and also to draw cheques and otherwise to operate upon any such accounts.

18. To engage, employ and dismiss any agents, clerks, servants or other persons in and about the performance of the purposes of these presents as the Attorney shall think fit.

19. To sell any of my present or future investments and for that purpose to employ and pay brokers and other agents in that behalf and to receive and give receipts for the purchase money payable in respect of such sales and to transfer any of my investments so sold to the purchaser or purchasers thereof or as he or they may direct and for these purposes to sign and execute all such contracts transfer deeds and other writings and do all such other acts as may be necessary for effectually transferring the same.

20. To accept the transfer of any share, stocks, debentures stocks, annuities or bonds. obligations or other securities of whatever nature that may at any time be transferred to me.

21. To attend, vote at and otherwise take part in all meetings held in connection with any company or corporation with which I am concerned as a member, shareholder or otherwise or In relation to any of my investments and to sign proxies for the purpose of voting thereat or for any other purpose connected therewith as freely as I myself could do.

22. Out of any of my money in his hands or under his control to pay all calls that may be lawfully made upon me or other expenses that may be incurred in relation to any of my Investments and to give security for payment of the same.

23. To exercise all other rights and privileges and perform all other duties which now or hereafter may appertain to me as a holder of debentures or shares or stock in any company or corporation.

24. To ask, demand, sue for. recover and receive from every person every body politic or corporate whom it shall or may concern all sums of money, rents, issues, profits, debts, dues, goods, wares, merchandise, chattels, effects and things of any nature or description whatsoever which now are or which at any time or times during the subsistence of these presents shall or may be or become due owing payable or belonging to me in or by any right, title, ways or means howsoever and upon receipt thereof or of any part thereof to make sign execute and deliver such receipts releases or other discharges for the same respectively as the Attorney shall think fit.

25. To settle any account or reckoning whatsoever wherein i am now or at any time hereafter shall be in anywise interested or concerned with any person whomsoever and to pay or receive the balance thereof as the case may require.

26. To receive every sum of money whatsoever which now is or at any time hereafter may be due arising or belonging to me upon or by virtue of any mortgage, charge, pledge hypothecation or other security whatsoever and on receipt thereof to make, sign. execute and give good and sufficient release or other discharges for the same and also to sign, execute, make and deliver all proper and sufficient reconveyances, releases and other assurances of the lands and premises which shall have been mortgaged or charged as security therefor and also to consent to any such alteration or modification of the nature or conditions of the said securities as the Attorney shall think fit.

27. To compound with or make allowances to any person for or in respect of the aforesaid debts or any other debt or demand whatsoever which now is or shall or may at any time hereafter become due or payable to me and to make or receive any composition, dividend thereof or thereupon and to give receipts, releases or other discharges for the whole of the same debts, sums or demands or to settle compromise or submit to arbitration every such debt or demand and every other claim. right, matter or thing due to or concerning me as the Attorney shall think most advisable for my benefit and for that purpose enter into. make, sign, execute and deliver such bonds of arbitration or other deeds or instruments as are usual in like cases.

28. To commence any suit, action or other proceedings In any Court of justice and before any public officer or Tribunal for the recovery or enforcement of any debt, sum of money, right, title, Interest, property matter or thing whatsoever now due or payable or to become due or payable or in anywise belonging to me by any means or on any account whatsoever and the same action, suit or proceedings to prosecute or discontinue or become non-suit therein If the Attorney shall see cause and also to take such other lawful ways and means including proceedings in execution. distress, distrain and the like for recovering or getting in any such sum of money or other thing whatsoever which shall by the attorney be conceived to be due owing, belonging or payable to me by any person whosoever and also to appoint any advocates, solicitors and legal advisers to prosecute or defend In the premises aforesaid or any of them as occasion may require And from time to time, them or any of them to remove and other or others to appoint In their place and to pay them such fees and remuneration as the Attorney shall think fit or be advised and for all or any of the purposes aforesaid to sign, execute, deliver. file all necessary vakalatnamas, war- rants to act, plaints, petitions, applications, defenses, statements, ac- counts, declarations, affidavits and other documents, papers and writings.

29. To defend any suit or legal proceedings taken against me in any court of law and to do all acts and things as are mentioned above.

30. To accept service of any writ of summons or other legal processes or notice in any suit or legal proceedings and any person to represent in such court civil or criminal or revenue court or tribunal or before any officer or other Tribunal whatsoever.

31. To make any declaration or affidavit in proof of any debt or debts due or claimed to be due to me in any proceedings taken or hereafter to be taken by or against any person firm or company under any Act or Ordinance for the time being in force for the relief or otherwise of insolvent debtors or the winding up of companies and to attend all meetings of creditors under any such proceedings and to propose, second or vote for or against any resolution at any such meeting and generally to act for me in all proceedings whether by way of bankruptcy or liquidation by arrangement or by composition which may be taken against or for the relief of any debtor as the Attorney shall think fit.

32. To exercise any power and any duty vested in me whether solely or jointly with another or others as executor, administrator, trustee or in any other fiduciary capacity (including powers and trusts to sell or lease land or to receive and give good receipts for money) so far as such power or duty Is capable of being validity delegated.

33. And also to appear before the Registrar or Sub-Registrar of any District or Sub-District appointed or to be appointed under any Act or law for the time being in force or otherwise for the registration of deeds, assurances, contracts or other Instruments and then and there or at any time thereafter to present and register or cause to be registered any deeds, assurances. contracts or other instruments In which I am or may be by the Attorney deemed to be Interested and to pay such fees as shall be necessary for the registration.

34. To enter into, make, sign, seal, execute, deliver, acknowledge and perform all engagements, contracts, agreements, deeds, declarations, bonds, assurances and other documents, papers, writings and things that may be necessary or proper to be entered into, made signed, executed, delivered, acknowledged and performed for any of the purposes of these presents or to or in which I am or maybe a party or in any way Interested.

35. To appear on my behalf and to represent my interest before the Income-tax, Wealth-tax and Gift-tax and/or other Taxing Authorities in respect of my Income tax. Wealth-tax, Gift-tax, as also before any Tribunal or Court.

36. To sign on my behalf Income-tax, Wealth-tax and Gift-tax returns and to submit the same on my behalf to the respective Taxing Authorities,

37. To sign, declare and affirm on my behalf all the applications and documents. declarations and affidavits as may be necessary for the purposes of the Income-tax, Wealth- tax and Gift -tax affairs and to submit and file the same with the respective Taxing Authorities, to file appeals and references as the Attorney may be advised and as he may deem fit and proper against the orders and decisions of the Income-tax, Wealth-tax and Gift-tax Authorities in respect of my assessment proceedings. to appoint on my behalf such Auditors, Accountants and Advocates as the said Attorney shall deem fit and proper for representing me before the Income-tax, Wealth-tax and Gift-tax and/or Taxing Authorities or any other Tribunal or Court in respect of the Income-tax, Wealth-tax and Gift-tax Assessments and to discharge them and appoint new Auditors, Accounts and Advocates as the case may be An their place, to compound, compromise and settle with the Income-tax, Wealth-tax and Gift-tax Authorities the orders and assessments made by them, to apply for time for payment and to apply for installments for the payment of the amount assessed and to be paid by me to the Income-tax, Wealth-tax and Gift-tax or other Taxing Authorities and to do all acts and- things regarding the said matters.

38. And also for the better and more effectually doing, effecting and performing the several matters and things aforesaid to appoint from time to time or generally such person or persons as the Attorney may think fit as his substitute or substitutes to do, execute and perform all or any such matters and things as aforesaid and any such substitute or substitutes at pleasure to remove and to appoint another or other in his or their place.

39. In general to do all other acts, deeds. Matters and things whatsoever in or about my estate, property and affairs or concur with persons jointly Interested with myself therein in doing all acts, deeds, matters and things herein either particularly or generally described as amply and effectually to all Intents and purpose as I could do in my own proper person if these presents had not been made.

AND I, the abovenamed ……….. do hereby undertake to ratify whatever the Attorney or any substitute or agent appointed by him under the power In that behalf hereinbefore contained may lawfully do or cause to be done in and by virtue of these presents.

IN WITNESS WHEREOF I, the abovenamed ……….. have hereunto set my hand this ……….. day of. ………. in the ………

Signed, sealed and delivered by the within named

in the presence of ……….

Do you need to register a GPA in Jaipur?

Recognize that allowing GPA to handle a real estate transaction does not imply that the property is lawfully owned. To legally claim the property, the owner must first register it in his or her name. To ensure legal legitimacy, the first step is to register at the Sub-Registrar Office (SRO).

In addition, a GPA can be used in emergency situations where the owner is unable to be present in person. Therefore, in order to prevent title conflicts, it is essential to withdraw the GPA and have the property formally registered as soon as the owner purchases it through GPA.

How to register General Power of Attorney (GPA) in Jaipur

It will be necessary to hire a lawyer to prepare a general power of attorney in Jaipur, which may then need to be registered in accordance with the relevant legislation. If registering a general power of attorney, it must be printed on stamp paper.

Depending on the current legislation of Jaipur, it is advised to have a general power of attorney registered at the appropriate sub-registrar’s office, even if it is not required unless it pertains to immovable property.

Additionally, the general power of attorney must be notarized or registered in front of two witnesses who will also sign and attest to its contents.

How to Apply for General Power of Attorney (GPA) in Jaipur

1. Draft the General Power of Attorney

The GPA document should clearly mention:
- Principal (Person granting the power)
- Agent (Person receiving the power)
- Scope of Authority (Financial, legal, or property-related powers)
- Duration and limitations, if any
You can draft it yourself or get it prepared by a legal expert.

2. Print on Stamp Paper

Purchase non-judicial stamp paper of the appropriate value as per your state’s Stamp Act.
The stamp duty varies depending on the state and the type of authority granted.

3. Sign in Presence of Witnesses

The Principal must sign the GPA in the presence of two witnesses.
Witnesses must also sign and provide identification.

4. Notarization (Optional but Recommended)

The GPA can be notarized by a notary public to add credibility and authenticity.
Though optional, some institutions may require notarized documents.

5. Registration at the Sub-Registrar’s Office (Mandatory for Property Matters)

If the GPA involves immovable property, it must be registered at the Sub-Registrar’s Office under the Registration Act, 1908.
The Principal and Agent (if required) must visit the Sub-Registrar’s Office with:
- Original & photocopies of the GPA
- Identification documents (Aadhaar, PAN, Passport, etc.)
- Passport-sized photographs
- Stamp duty payment receipt

6. Collect the Registered Document

After verification, the Sub-Registrar’s Office will register the document and issue a certified copy of the GPA.

General vs. Special Power of Attorney – What’s Right for You? Consult legal experts to choose and register the right POA for your needs.

Documents Required for General Power of Attorney (GPA) in Jaipur

A generic power of attorney can be drafted and executed without the need for any particular paperwork. To verify the identities and permanent residences of the principal and agent, however, the parties’ identification documents should be carefully examined. It is also necessary to look at documents that show the properties, corporations, etc. have clear titles. Documents for a comprehensive background check of the agent should be carefully examined and the agent should be a trustworthy individual.

Documents Required:

Drafted General Power of Attorney
Identity Proof (Aadhaar, PAN, Passport, or Driving License) of both Principal & Agent
Address Proof (Utility Bills, Voter ID, etc.)
Passport-sized Photographs of Principal & Agent
Stamp Paper as per state rules
If applicable, Property Documents (for property-related GPA

Legal Considerations for General Power of Attorney (GPA) in Jaipur

The legal ramifications of the power of attorney must be taken into account, particularly the principal’s culpability for the agent’s actions. The broad purposes for which the power of attorney is intended to be executed should also be taken into account by the parties. The parties must also be clear on whether the current laws require the power of attorney to be registered.

ezyLegal’s General Power of Attorney (GPA) Service in Other Cities of India

Frequently Asked Questions on General Power of Attorney (GPA) in Jaipur

Q1. What is a General Power of Attorney (GPA) in Jaipur?

Ans1. A General Power of Attorney (GPA) in Jaipur is a legal document that gives an agent broad authority to act on behalf of the principal in various legal and financial matters, such as managing property, handling financial transactions or making business decisions.

Q2. How does a General Power of Attorney differ from a Special Power of Attorney (SPA) in Jaipur?

Ans2. A General Power of Attorney (GPA) provides broad, flexible authority for the agent to act in multiple situations, whereas a Special Power of Attorney (SPA) limits the agent’s authority to specific tasks or transactions.

Q3. When is a General Power of Attorney (GPA) typically used in Jaipur?

Ans3. A GPA is commonly used when the principal is unable to act due to illness, physical or legal impairment or absence, allowing someone else to manage legal or financial matters on their behalf.

Q4. What are the key features of a General Power of Attorney (GPA) in Jaipur?

Ans4. The key features of a GPA include broad authority, versatility, potential risk of misuse and a duration that lasts until revoked by the principal or when the principal is no longer able to revoke it.

Q5. Why do lenders prefer Special Power of Attorney (SPA) over General Power of Attorney (GPA) in house loan transactions?

Ans5. Lenders prefer an SPA because it grants limited, specific authority to an agent, reducing the risk of misuse compared to a GPA, which provides broad and potentially risky powers.

Q6. What are the risks associated with a General Power of Attorney (GPA)?

Ans6. The primary risk of a GPA is that the agent has broad authority, which could be misused if the agent acts beyond the principal’s best interest or without proper oversight.

Q7. Can a General Power of Attorney (GPA) be revoked?

Ans7. Yes, a GPA can be revoked by the principal at any time as long as the principal is mentally competent to do so.

Q8. What legal rights does an agent have under a General Power of Attorney (GPA)?

Ans8. An agent under a GPA has the authority to handle a variety of tasks such as managing bank accounts, buying or selling property, signing legal contracts and even making business decisions, depending on the scope granted.

Q9. Is a General Power of Attorney (GPA) permanent?

Ans9. No, a GPA is not permanent. It lasts until the principal revokes it or until the principal loses the ability to revoke it due to incapacitation or death.

Q10. How does a General Power of Attorney (GPA) work in real estate transactions?

Ans10. A GPA can be used in real estate transactions to grant an agent the authority to sign contracts, negotiate with lenders, manage payments and handle all aspects of buying or selling property on behalf of the principal.

Secure Your General Power of Attorney with Ease! Ensure a legally valid and hassle-free General Power of Attorney (GPA) registration with our expert assistance. From documentation to final registration, we handle everything for you.

Adv. Rupa Agrawal

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Advocate Rupa Agrawal, with over 9 years of independent practice, specialises in providing legal expertise, advice and guidance to a broad range of customers. Having been practising law independently for several years after doing her B.A. LLB from Bangalore University and PGDM from the National Institute of Personnel Management.

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