An Authorization Letter For Selling Property is a crucial legal instrument in Indian property transactions, typically used when property owners cannot personally handle the sale process due to various circumstances such as being abroad, health issues, or business commitments. This document empowers a trusted representative to act on the owner's behalf in all matters related to the property sale. The authorization letter must comply with Indian legal requirements, including proper stamping and potential registration under the Registration Act, 1908. It should clearly specify the property details, scope of authority, and duration of the power granted. The document serves as a safeguard for all parties involved, including the authorized representative, potential buyers, and property registration authorities, by clearly delineating the powers and responsibilities delegated by the property owner.
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1. Date and Place: Current date and place of execution of the authorization letter
2. Authorizer Details: Full name, address, and identification details of the person granting authorization
3. Authorized Person Details: Full name, address, and identification details of the person being authorized
4. Property Details: Complete description of the property including address, dimensions, and registration details
5. Purpose Statement: Clear statement of the purpose of authorization for selling the specified property
6. Scope of Authority: Detailed description of powers being granted regarding the property sale
7. Duration of Authority: Validity period of the authorization
8. Declaration: Statement confirming the authorizer's right to grant this authority and voluntary execution
9. Signature Block: Space for signatures of authorizer, authorized person, and witnesses
1. Special Instructions: Any specific conditions or limitations on the authority granted, used when there are particular requirements for the sale
2. Minimum Sale Price: Specification of minimum acceptable sale price, used when the authorizer wants to set price boundaries
3. Revocation Clause: Terms for revoking the authorization, used when specific conditions for revocation need to be outlined
4. Indemnification: Clause protecting the authorized person from legal consequences, used in high-value transactions
5. Successor Rights: Provisions for succession in case of death/incapacity, used in long-term authorizations
1. Property Documents: List of property documents handed over to the authorized person
2. Identity Proof: Copies of identity documents of both parties
3. Property Title Documents: Details of property ownership documents and history
4. Photographs: Recent photographs of the property and parties for verification purposes
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Legal Services
Banking & Finance
Property Development
Construction
Property Management
Corporate Real Estate
Residential Property
Commercial Property
Investment & Asset Management
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Documentation
Asset Management
Transaction Processing
Risk Management
Client Services
Operations
Relevant Roles
Real Estate Agent
Property Manager
Legal Counsel
Property Lawyer
Estate Administrator
Real Estate Broker
Property Consultant
Compliance Officer
Legal Administrator
Real Estate Transaction Coordinator
Property Documentation Specialist
Title Officer
Real Estate Portfolio Manager
Asset Manager
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