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Q.

How Much Does Power of Attorney Cost?

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Stamp duty, registration fees, and legal drafting costs are all included in the overall cost of a power of attorney cost. The power of attorney fees can vary based on the state and the type of power of attorney that you are opting for.

For instance in Bangalore, 

  1. Stamp Duty: With a Special Power of Attorney, the Principal grants limited rights or permits someone to carry out specific tasks on their behalf. As per the Karnataka Stamp Act governs stamp duty, which is Rs. 100 for a Special Power of Attorney (SPA) and the general power of attorney charges are Rs. 500.

  2. Fees for Registration: According to the Registration Act, 1908, the required registration fee for a property-related POA at the Sub-Registrar's Office is normally between Rs. 200 and Rs. 1,000.

For Andhra Pradesh, 

  1. The stamp duty is Rs. 1000. 

  2. For a General POA within the family is 1% of property value.

  3. For General POA outside of the family is Rs. 20.

I hope this helps!

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