What Is Power Of Attorney For Property Registration And Its Types?

To manage your property, medical, or financial affairs on your behalf, a Power of Attorney (POA) is a legally enforceable instrument that names someone to manage it.
Although it may be unsettling to consider the possibility of requiring one, a Power of Attorney (POA) is a crucial aspect of your estate strategy.
In the event that you are unable to manage your own affairs, a POA is frequently employed.
Each form grants varying levels of authority to your attorney-in-fact—the person who will make decisions on your behalf.
Some power of attorney for property registration goes into effect right after you sign them, while others don’t take effect until you’re incapacitated.
Real estate has traditionally been one of the most popular asset sectors for hiding unexplained funds.