Executive Summary: A Power of Attorney (POA) for property is a document by which an owner or buyer (the principal) authorises another person (the attorney or agent) to act on their behalf in property matters, such as signing an agreement, executing and registering a deed, or managing the property. It is especially useful…
Executive Summary: An Encumbrance Certificate (EC) is an official certificate issued by the registration department that lists the registered transactions and charges affecting a property for the period applied for. For a buyer, it is one of the first documents to examine, because it shows whether the property has been mortgaged or otherwise…
Executive Summary: A property sale agreement is the binding contract between buyer and seller that sets out the purchase price, payment schedule, possession date and conditions of the transaction. It is signed before the sale deed is registered, and it governs the parties until then. Once signed, each party is legally bound by…
