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Can I give a power of attorney for a property which is under an ongoing home loan? Should I need to get any NOC from the bank?
Can I give a power of attorney for a property which is under an ongoing home loan? Should I need to get any NOC from the bank?
PGN Property, Real Estate & Documentation Consultant with 21+ years of experience
Answered on January 04,2023
Answered on January 04,2023
I presume, you signed the sale agreement and now home loan application is ongoing.
At such situation, Can give Power of Attorney for a property. NOC from bank is not mandated to register the Power of Attorney.
Can use this power of attorney for deed registration.
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