can a power of attorney agent transfer the power to another individual - Indian Real Estate Forum

chan1946 · 09-03-08

Both my wife and I have ownership of two adjacent lots in TIER 2 city . We are entering into a joint development with a builder for building a residential apertment complex. Can my wife execute a power of attorney to me as agent, and can I in turn as her agent (in her absence) execute a power of attorney to the builder giving him permission to obtain permits and develop her land along with mine ?

vinodmishra · 09-03-08

Hello Friend,
A Power Of Attorney is a document by which you can authorize some other person to act on your behalf. A power of Attorney holder can execute Agreement on behalf of the original owner, so u can have power of attorney of u r wife and later enter into agreement with the builder but that will be Agreement for sale or development whichever suits.
hope this helps....
Vinod

rojaroja · 28-12-09

hi

you cannot give a power on behalf of your wife using the power she gave already
as a power agent you cannot further delegate your power to third one

09-03-08	#1
chan1946 New Member Join Date: Mar 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	can a power of attorney agent transfer the power to another individual Both my wife and I have ownership of two adjacent lots in TIER 2 city . We are entering into a joint development with a builder for building a residential apertment complex. Can my wife execute a power of attorney to me as agent, and can I in turn as her agent (in her absence) execute a power of attorney to the builder giving him permission to obtain permits and develop her land along with mine ?

09-03-08	#2
vinodmishra New Member Join Date: Jan 2008 Location: kalyan Posts: 20 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Hello Friend, A Power Of Attorney is a document by which you can authorize some other person to act on your behalf. A power of Attorney holder can execute Agreement on behalf of the original owner, so u can have power of attorney of u r wife and later enter into agreement with the builder but that will be Agreement for sale or development whichever suits. hope this helps.... Vinod Last edited by vinodmishra; 09-03-08 at 05:37 PM.

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28-12-09	#3
rojaroja New Member Join Date: Dec 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	hi you cannot give a power on behalf of your wife using the power she gave already as a power agent you cannot further delegate your power to third one