If power of attorney is for any immovable property sale or for mortgage then it should be registered under section 17 of the registration act 1908.
Power of attorney format for sale of property in pakistan.
To execute sign present and verify all such papers documents such as conveyance deed sale deed etc.
To deposit all fee dues installments and other charges to the concerned authority authorities on my behalf.
Real estate sale purchase or maintaining the property.
Incapacitation is defined as not being able to make rational and cognitive decisions knowing full well of the consequences of such decided actions.
Is attorney answerable to principal.
True and lawful attorney with full power to do and execute the following acts.
Agreement and to pass a valid receipt for.
3 to sign the necessary transfer forms for transferring the said property to.
We offer plots in pechs dha bahria town cda islamabad roshan pakistan cabinet division awt d 18 d 19 ehs d 16 d 1 7 mpchs e 11 b 17 f 17 islamabad gardens e 11 multi gardens b 17 tele gardens f 17 mumtaz city top city ministry of interior g 16 scecs g 17 jammu kashmir f 15 gulshan e sehat e 18 margala view d 17 park enclave margalla retreat etc.
A power of attorney in pakistan needs to be printed on an official stamp paper the cost of which ranges from pkr 500 to pkr 5 000.
Mostly used for real estate closings.
Revocation to terminate or cancel a current power of attorney document.
Yes attorney agent is answerable to principal.
If the purpose of power of attorney is for any immovable property s sale or mortgage then it should be registered with the office of sub registrar which has the jurisdiction over the area where the principal resides.
It is relevant to mention here that power of attorney either general or special given by the principal to the attorney must be in writing and it cannot be given orally.
Step 3 signing.
According to the pakistani laws under section 17 of the registration act 1908.
I gave a power of attorney to my relative can i still make any decision for myself.
For me in my name and or my behalf pertaining to sole and transfer of the said property.
This does not include the official registration fee for power of attorney in pakistan which is 1 of the total property or asset value.
All the documents written as a power of attorney should be authenticated by a notary public any court judge magistrate pakistan consul or vice consul or.
Pakistani power of attorney.
Power of attorney should be attested.
The attorney is only your representative if you intend to do anything yourself you are fully competent for the same even there is an attorney appointed by you.
On or at the time of completion of the sale of the said property to.
