Differences Between Registry and Power of Attorney


Posted October 6, 2021 by remaxrealtysolutions

Everyone has a goal of buying their property, and there are lots of queries and hesitations for this investment. So, people need to be aware of the exact process and all the legal things required.
 
Everyone has a goal of buying their property, and there are lots of queries and hesitations for this investment. So, people need to be aware of the exact process and all the legal things required. Some people do not know its legality, so they usually face issues while purchasing a house or flat. In Ahmedabad, there are many furnished flats for sale in Olive Height. You do not have to worry as here you will get a clear view and understand two legal things related to the same.

Property registry is one of the most significant parts of a buyer. It entirely depends on if you are purchasing an under-construction property. The stamp duty and registration charges also have a vital role in it. Once the document is signed in the buyer's name and the same is required with stamp duty in the registrar office, this property cannot be sold to any other person. Registry tells that legally you are the owner of the property. After this, further dealings in other properties will become hassle-free. In Ahmedabad, check semi-furnished flats for sale in Olive Height, and you can gift easily or assign them to anyone else once the property is registered under your name.

In contrast, power of attorney is a type of power given to another person to act or take proper action in the owner's absence with his choice. According to sources, in 2011, the Supreme Court held that transferring property through a general power of attorney should only be given to a reliable person. Power of attorney is of two types — General and Special. The General attorney offers broad approval to the agents. However, an exceptional attorney restricts the choice that agents can make. One can have multiple different attorneys, according to the agents. You can explore and choose from the 300 different flats for sale in Vastrapur in Ahmedabad, which offer excellent connectivity and good amenities.

So, on the whole, you can consider the ideal way to keep your property safe; you can take any of the actions mentioned above. But, ensure you still take advice before you jump into any. Explore the best flats for sale in Vastrapur in Ahmedabad. Find your dream home in Ahmedabad from Remax Realty Solutions, the largest real estate network which provides you access to a convenient, dependable and hassle-free real estate transaction.

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Remax Realty Solutions

A 710, Safal Pegasus, 100 ft. road
Prahladnagar, Ahmedabad, India
Phone: 9824396321
Email: [email protected]
Website: https://remaxrealtysolutions.co.in/
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Issued By Remax Realty Solutions
Phone 9824396321
Business Address A 710, Safal Pegasus, 100 ft. road Prahladnagar, Ahmedabad, India
Country India
Categories Real Estate
Last Updated October 6, 2021