The Karnataka government has made it obligatory to enlist the Control of Lawyer (PoA) in the state. This choice points to make property exchanges more straightforward and halt extortion and misuse.
Earlier, Karnataka PoA registration for property transparency way and sold properties wrongfully. In a few cases, a person’s property was sold without the owner’s information. Since of this, numerous guiltless individuals endured monetary misfortunes and got stuck in lawful issues.
Now this new rule of the government will help in curbing such wrong activities. This will not as it were guarantee the security of the citizens but will moreover increment the certainty of the individuals in the property advertise.
What is Power of Attorney (PoA)?
A Control of Lawyer (PoA) is a lawful paper. With this, an individual gives another individual the right to act for them. In basic words, if somebody cannot do an errand themselves, they can let somebody else do it for them.
This paper is utilized for things like buying, offering, leasing, or overseeing property. There are two types of PoA:
- General Power of Attorney (PoA): Here, the representative can do all tasks for the person.
- Special Power of Attorney (PoA): Here, the representative can do only a specific task for the person.
Earlier, it was not required to register PoA documents, so some people misused it. Now, registration is mandatory. This means every transaction will be recorded in government documents.
What does the new rule say?
The Karnataka government has said clearly in its new order that now registration of every PoA document will be required. Any person who wants to give any rights related to his property to someone else must register this document at the registry office. Now, any PoA without registration will not be valid legally. This means if a person buys or sells property using an unregistered PoA, that transaction will be considered illegal.
Also, the government has said that biometric verification, photo ID, and digital signature will be required when registering a PoA. This will reduce the chances of fake identity and forgery.
What is the purpose of this rule?
The objective of this modern run of the show is not as it were to increment printed material but too to guarantee straightforwardness and citizen security. Thousands of property disputes reach the courts every year in Karnataka. Many of these cases occur where someone else has sold the property through PoA. This rule will reduce such disputes and give a secure system to the citizens.
Also, now the information of every PoA will be recorded in government records. This will make evidence easily available at the time of any dispute in the future. This change in the property marke.It will make it more organized and reliable.
How will the registration process take place?
The Karnataka government has made the process of PoA registration easy and digital so that every citizen can complete it easily. The person has to go to his nearest sub-registrar office. Identity card, photo, and address proof must be submitted along with the PoA document.
Both parties must be present at the time of registration. After biometric verification, the PoA will be recorded in the digital record. After the completion of the registry, the person will get a digital certificate, which will be valid in any legal process in the future. The government is also going to launch an online portal soon, where citizens will be able to see the status of their PoA document.
How to prevent fraud?
So far, it has been seen in many cases that some brokers or fake agents used to sell properties through PoA. By the time the real owners got to know, the property had already been transferred to someone else. But now with registration being mandatory, it will be almost impossible to do so.
Government records of every PoA will be available. Without biometric authentication, the documents will not be valid. Fake identity or false documents will now be able to be caught immediately. There will be a digital track of every transaction related to the property. This will not only protect the buyers and sellers but also reduce the legal disputes related to the property.
What will be the impact on the property market?
This decision will have a positive impact on Karnataka PoA registration for property transparency. Earlier, where investors were afraid of the misuse of PoA, now they will be able to invest with more confidence.
Investor confidence will increase. The legality and ownership of the property will be clear. Transparency will increase in the real estate market. Both domestic and foreign investors will be interested. This change will not only strengthen the property sector but also contribute to the economic growth of the state.
What precautions should citizens take?
The government has made this rule for the safety of citizens, but citizens also have to take some precautions - Always make a registered PoA. Before giving authority to someone, check his identity and credibility. Enter all the conditions in the document in a clear and written form. Keep a copy of the PoA. Do not forget to take legal advice in any kind of property deal. With these small precautions, you can protect yourself from any fraud.
The conclusion: A strong step towards transparency
This decision by the Karnataka PoA registration for property transparency making property deals safer and clearer across the country. Now, every Power of Attorney (PoA) document will be officially recorded in government files. This will help protect people’s property rights and stop fraud.
This move will also reduce property disputes and build trust among citizens. It shows that when rules are simple, easy to follow, and transparent, it becomes easier to promote honesty and safety in society. Karnataka’s effort will surely become an inspiring example for other states to follow and help make property transactions more secure everywhere.
