Online Registered Rent Agreement through Power of Attorney!!
Q1. How to make an online Registered Agreement in the name of a person who may be out-of station or couldn’t provide his fingerprint scans or photographs?
Ans: The best method to execute an Online Rent Agreement in Pune/PCMC/Mumbai/Navi-Mumbai and Maharashtra for a person having apartment/flat/house in Pune/PCMC/Mumbai/Navi-Mumbai and Maharashtra/other State, and residing outside the State, where the rented property is located, is to authorize another known trusted person on his behalf to execute important agreement relating to sale, rent, and purchase though the instrument of POWER OF ATTORNEY.
POWER OF ATTORNEY can also be used where the executant is disabled/unable to present himself for preparing his Online Registered Rent Agreement.
Q2. What is Power of Attorney?
Ans: Power of Attorney is defined under section 1A of the Powers of Attorney Act, 1882 (POA Act). It is an instrument empowering a specific person to act for and in the name of the person executing it. Also it is defined under Sec. 2(21) the Indian Stamp Act, 1899 (Indian Stamp Act) as any instrument (not related to court-fees) empowering a specified person and act for and in the name of the person executing it.
Q3. What are the steps of making Online Registered Rent Agreement through Power of Attorney?
Ans: Making an online registered rent agreement through power of attorney is very similar to the simple procedure of making the usual online registered rent agreement. The only additional document that is required is the Power of Attorney signed by the Principal (also known as Executant/Grantor) to authorize the agent to act on his behalf.
The following steps are taken to prepare an Online Rent Agreement through the Power of Attorney
Step 1. Register/Notarized Power of Attorney: Prepare a Power of Attorney in the name of the original owner to an authorized personal. The Power of Attorney for making this online registered rent agreement can be either Registered or Notarized. Also fill up the Declaration form, to be attached with the Power of Attorney.
Step 2. Form Fill up: Fill up the data (information) like Property Details in the government portal. www.igrmaharashtra.gov.in
Step 3. Uploading: Upload the Power of Attorney along with the declaration form, specifying the the Lessor to act through Power of Attorney.
Step 4. Identifying Parties: Then specifying the agent (to whom the Power of Attorney is bestowed upon) as Power of Attorney Holder.
Step 5. All the Other steps: Take all the remaining steps to complete the registration process as is usually taken for making the Online Registration of Leave and License/Rent Agreement in Pune/PCMC/Mumbai/Maharashtra – Refer to Home Page
Q4. While making the online rent agreement/Leave and License Agreement through Power of Attorney, is it necessary that the Principal should be in the same city as that of the Agent or the other party – Owner/Tenant?
Ans: Not necessary, as a Principal, he can reside in any part of the world and still execute the Online Registered Rent Agreement for the property in Pune/PCMC/Mumbai – Maharashtra and even other states.
Q5. What are the documents that the Principal and Agent of a Power of Attorney (POA) should possess?/ What are all the documents required for making Online Registered Rent Agreement through Power of Attorney?
Ans: The following are the parties to an Online Registered Rent Agreement:
- POA holder
All the above parties to the Online Registered Rent Agreement should have:
- Aadhaar Card
- PAN Card
- The Power of Attorney – either Registered/Notarized along with the declaration form.
Q6. Is it necessary for the Principal (Lessor/Lessee) acting through POA to have Aadhar Card and Pan Card?
Ans: Yes, its necessary for all the parties to the Online Registered Rent Agreement i.e. the Lessor and the Lessee to have Aadhaar Card and PAN Card, including the Witnesses.
Q7. Does the party who is acting through POA needs to give his photo and finger scans?
Ans: A party to the Online Registered Rent Agreement preparing the Agreement though his/her POA need not give his Photograph and Finger scans.
Q8. How to make a Power of Attorney?
Ans: Power of Attorney can be prepared by any Lawyer or you can contact us for the same. We will inform further in the upcoming articles.