Hi buddy,
The answer is that you can obtain a loan for a property that can be transferred via a power of attorney (PoA). The power of attorney is the legal document that grants your chosen agent the authority to carry out tasks like buying a house or securing a loan, among other things. The advisor is not directly responsible for the debt when this person secures a loan or mortgage on your behalf; you are.
I hope this answers your question.
Read More: Can Power of Attorney be made other than the place where the person is residing? Is it possible for NRI to do a rent agreement without doing power of attorney in Pune?Your Feedback Matters! How was this Answer?
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Can I get a lap with power of attorney
Rina
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2022-08-11T11:49:22+00:00 2022-08-11T11:49:23+00:00Comment
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