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Showing posts with the label Rent agreement execution when landlord lives in overseas

How do I get a registered rent agreement when the landlord lives in a different country and can't be present in person while signing the agreement?

Here are the options to get the rent agreement registered if the landlord lives in a different county. Option 1: Nominee In a sale deed, the landlord may have nominated the legal heir of the property. A legal heir could be father, son, mother, wife, or children. A legal heir can act as a signatory in rent agreement in the absence of landlord. We have to add a point “nominee” in a rental agreement. Option 2: Issue power to local guardian a landlord can issue any one of the following rights to a trusted local guardian. Power of attorney (POA) Special power of attorney (SPA) General power of attorney (GPA) Affidavit to sign rent agreement Powe r  should be limited to managing the property of either screening tenant, signing rent agreement, collection rent & maintenance cost, terminating, doing renovation work, etc. A landlord can customize the terms as needed. A POA holder can a sign rent agreement on behalf of landlord. We have to add a point POA in rent agreement. Option 3: Digi...