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can a power of attorney agent transfer the power to another individual

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can a power of attorney agent transfer the power to another individual

Last updated: December 28 2009
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  • 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 ?
  • #2

    #2

    Re : can a power of attorney agent transfer the power to another individual

    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 March 9 2008, 04:37 PM.

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    • #3

      #3

      Re : can a power of attorney agent transfer the power to another individual

      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

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