Legal Question in Investment Law in New York

I am an indian citizen currently living in USA and planing to buy an underconstuction property in india. Can an excute a power of attorney in my father's name , who is in India, from usa so that he can sign the agreement ? If yes how will the process work ?


Asked on 8/19/09, 10:02 am

2 Answers from Attorneys
Locksley Wade Law Office of Locksley O. Wade

You may tailor the Power of Attorney to specifically state that your father is acting on your behalf for all matters concerning the purchase of the property in India. In all probability, it will be recognized in India; however, you may want to check with an attorney in India before proceeding.

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Answered on 8/26/09, 6:24 pm
Seshadri Srinivasan www.lawconcern.com

The process is simple and needs a few steps in India after being signed in USA.

Please also check the title of the seller and the agreement for sale of UDS as well as construction through a lawyer as many reputed builders usually draft agreements through their lawyers with clauses which are totally one-sided.

Please refer : www.lawconcern.com

for some basic details of need to be careful.

warm regards

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Answered on 10/04/09, 5:54 am


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