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Can you sell property in India with power of attorney?

A power of attorney is not a valid instrument to transfer property titles when buying or selling a property. However, due to the financial benefits, it provides to both the buyer and the seller, selling a property through a general power of attorney has become common practice in Indian cities.

Is New York a title or attorney closing state?

New York. The state government of New York has made it mandatory for both the seller and the buyer to hire attorneys for the closing transaction. New York has very strict legal ramifications for the role of non-attorneys, which is all due to the New York Appellate Court ruling back in 2009.

What happens at closing in New York?

Settlement/closing the transaction Seller signs the deed and closing affidavit. Buyer signs the new note and mortgage. The old loan is paid off. Seller, real estate professionals, attorneys and other parties present at the closing of the transaction are paid.

What is a NYS durable power of attorney?

The NYSLRS Special Durable Power of Attorney (POA) document allows someone else, referred to as the agent, (for example, a trusted friend or family member) to act on your behalf regarding retirement benefit transactions.

Can I sell my mothers house with power of attorney UK?

Answer: Those appointed under a Lasting Power of Attorney (LPA) can sell property on behalf the person who appointed them, provided there are no restrictions set out in the LPA. You can sell your mothers house as you and your sister were both appointed to act jointly and severally.

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