POA For Raising Money And Mortgage Property

This lets an agent appointed by an individual or a company to raise monies and mortgage property on their behalf. It is needed if you want to raise money and mortgage property for the same by appointing an agent through proper legal channels to prevent any future legal disputes.

This Power of Attorney can be enforced legally by printing it on a non judicial stamp paper duly signed by the Grantor , the Agent and the witnesses. You or your organisation may use it if you want to authorize someone to raise loan against some property on your behalf.

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Frequently Asked Questions

This lets an agent appointed by an individual or a company to raise monies and mortgage property on their behalf. It is needed if you want to raise money and mortgage property for the same by appointing an agent through proper legal channels to prevent any future legal disputes.
Who needs this agreement and why?
This Power of Attorney can be enforced legally by printing it on a non judicial stamp paper duly signed by the Grantor , the Agent and the witnesses. You or your organisation may use it if you want to authorize someone to raise loan against some property on your behalf.
What is the use of Annexure?
There are no major clauses included.
These are a few terms which might be useful to read about for a better understanding of this agreement:
  1. Grantor- The person authorizing the other to act.
  2. Agent- The one authorized to act.
What are the legal jargons used in this agreement?
There is no Annexure section in this agreement.
How to use this agreement?
There are no major clauses included.

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