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Authorization Letter To Sell for India

Authorization Letter To Sell Template for India

An Authorization Letter to Sell is a formal document under Indian law that grants specific authority to an individual or entity to act as an agent in selling property, goods, or assets on behalf of the authorizer. This document, governed by the Indian Contract Act 1872 and related legislation, establishes the scope of authority, including powers to negotiate prices, execute sale documents, receive payments, and complete all necessary formalities. The document requires proper execution with witnesses and, depending on the subject matter, may need to be stamped and registered in accordance with Indian statutory requirements.

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Authorization Letter To Sell

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What is a Authorization Letter To Sell?

An Authorization Letter To Sell is a crucial document used in Indian business and personal transactions when an individual or entity needs to delegate the authority to sell property, goods, or assets to another party. This document is particularly important when the owner cannot personally handle the sale transaction due to various circumstances such as being abroad, physical inability, or business efficiency. The letter must comply with Indian legal requirements, including those set forth in the Indian Contract Act 1872, Powers of Attorney Act 1882, and when applicable, the Transfer of Property Act 1882. It should clearly specify the scope of authority, duration, and any limitations on the agent's powers. Depending on the value and nature of the property being sold, the document may require stamping under the Indian Stamp Act and registration under the Registration Act 1908.

What sections should be included in a Authorization Letter To Sell?

1. Date and Place: Current date and location where the letter is being executed

2. Authorizer Details: Full name, address, and identification details of the person granting the authorization

3. Authorized Person Details: Full name, address, and identification details of the person being authorized to sell

4. Subject Matter: Clear identification of what is being authorized to be sold (property details, goods description, etc.)

5. Scope of Authority: Specific powers being granted, including the right to negotiate prices, execute documents, receive payments, etc.

6. Duration: Time period for which the authorization is valid

7. Declaration: Statement confirming the voluntary nature of authorization and acceptance of actions taken under it

8. Signature Block: Space for signatures of the authorizer, authorized person, and witnesses

What sections are optional to include in a Authorization Letter To Sell?

1. Special Conditions: Include when there are specific conditions or limitations on the authority granted

2. Consideration Details: Include when there's a minimum selling price or specific payment terms to be followed

3. Revocation Clause: Include when specific conditions for revoking the authority need to be stated

4. Indemnification: Include when the authorizer wants to protect the authorized person from potential claims

5. Governing Law: Include when the authorization might be used across different jurisdictions

6. Attestation: Include when the document needs to be notarized or requires specific forms of witnessing

What schedules should be included in a Authorization Letter To Sell?

1. Property Description: Detailed description of the property or goods to be sold, including registration numbers, boundaries, or specifications

2. Identity Documents: Copies of identification documents of both parties

3. Specific Powers: Detailed list of specific actions the authorized person can take

4. Required Forms: Any standard forms or documents that need to be attached for specific types of sales (e.g., vehicle transfer forms, property registration forms)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions
















Clauses















Relevant Industries

Real Estate

Automotive

Retail

Manufacturing

Agriculture

Financial Services

Import/Export

Personal Property

Business Assets

Construction

Relevant Teams

Legal

Operations

Administration

Compliance

Real Estate

Sales

Business Development

Property Management

Corporate Secretarial

Asset Management

Relevant Roles

Property Manager

Business Owner

Sales Manager

Legal Counsel

Corporate Secretary

Real Estate Agent

Asset Manager

Business Development Manager

Operations Director

Compliance Officer

Administrative Officer

Power of Attorney Holder

Property Dealer

Estate Administrator

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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