AN NRI WHOSE FLAT IS LOCKED UP IN THE BUILDING

AN NRI WHOSE FLAT IS LOCKED UP IN THE BUILDING

This is more of an administrative element. He may not be physically present to be part of the documentation and negotiations. But he can always give to a close relative or trustworthy friend who can take crucial decisions on his behalf. There are two types of power of attorney: "general" and "special" (or limited). Under the general power of attorney, your relative/friend has been empowered with the right to carry out all legal acts on your behalf. It doesn't restrict him/her to a particular transaction. On the other hand, the authority is restricted to a particular transaction or act under Hence, if you are sceptical about outsourcing the decision making to a third party, you can opt for a limited power of attorney. Otherwise, you would have to make several trips for this purpose.On the other hand, the authority is restricted to a particular transaction or act under Hence

Courtesy By: The Economic Times Dtd: July 6, 2010For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/http://www.articlesbase.com/sales-articles/an-nri-whose-flat-is-locked-up-in-the-building-2821993.html

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