Power of Attorney in Maharashtra
A Power of Attorney is a legal contract in Maharashtra that allows a Principal to nominate an Agent to manage affairs such as real estate transactions, legal disputes, and financial investments. These documents are categorised into specific, general, or time-limited types depending on the scope of authority granted. To minimise Stamp Duty costs when selling property, the state encourages appointing close relatives, as appointing non-relatives incurs significantly higher fees. While some…