A person is required to execute various documents while buying or selling any immovable property both, residential or commercial. However, there may be circumstances like travelling, sickness, being abroad or like when a person is unable to execute these documents personally. In such circumstances, the most usual method is to execute a power of attorney.
What is a Special Power of Attorney?
A special Power of Attorney (SPA) is a document through which an authority to perform a specific task on behalf of the principal is given to another person called Attorney. SPA only confers authority onto an attorney to perform a specific task like buying/ selling a property, taking possession, getting sale/ lease deed registered, getting loan sanctioned etc. It is mandatory to register a SPA in office of sub-registrar in case of any right related to immovable property being the subject matter of SPA. Normally, SPA is specific to property transactions.