My family has 6 siblings, all living in Varanasi and getting on in years. They want to transfer their shares in a property in Bangalore to their two younger brothers. Could they execute a Special Power of Attorney in Varanasi to do this? Will this registered SPA be legally valid in court and with the Sub-Registrar’s Office, given they’re unable to travel to Bangalore?
Best Answer
Yes, your family members can execute a Special Power of Attorney (SPA) in Varanasi to transfer their shares in the Bangalore property to their younger brothers. A registered SPA is legally valid in court and with the Sub-Registrar’s Office, provided it meets the requirements of the Indian Registration Act, 1908. However, it’s advisable to consult a lawyer to ensure the SPA is drafted correctly and complies with all relevant legal procedures.
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