Issuing a Power of Attorney (POA) to a developer in a joint-venture property project should be done only after thorough legal verification. A POA gives the developer authority to sign documents, obtain approvals, and manage construction on your behalf, so misuse can cause major risks.
Before issuing it, ensure a detailed joint-venture agreement exists, clearly defining landowner rights, revenue-sharing, timelines, and responsibilities. Always issue only a registered POA, limited in scope and duration, and avoid granting absolute or irrevocable powers. Get all documents reviewed by a property lawyer to protect ownership and avoid future disputes.
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Should I issue a Power of Attorney to the developer for a joint venture?
Gobinda Mazumder
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23 days
2025-12-02T10:23:22+00:00 2025-12-02T10:23:24+00:00Comment
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