Via Power of Attorney (POA): NRIs can appoint a trusted person through a Power of Attorney to handle the rental agreement process in India on their behalf. This POA holder can sign and register the rent agreement or even manage the agreement to sell, eliminating the need for the NRI to be physically present.
Direct Presence in India: If the NRI is in India, they can personally draft, sign, and register the rental agreement in India. This method provides direct involvement and control over the agreement's terms.
Create an Online Rent Agreement: NRIs can use online platforms to create arental agreement online in India conveniently. Platforms offering eSign rental agreements allow NRIs to draft, customize, and execute the online rent agreement, saving time and effort. This is especially useful for NRIs managing properties remotely or abroad.
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Via Power of Attorney (POA):
NRIs can appoint a trusted person through a Power of Attorney to handle the rental agreement process in India on their behalf. This POA holder can sign and register the rent agreement or even manage the agreement to sell, eliminating the need for the NRI to be physically present.
Direct Presence in India:
If the NRI is in India, they can personally draft, sign, and register the rental agreement in India. This method provides direct involvement and control over the agreement's terms.
Create an Online Rent Agreement:
NRIs can use online platforms to create a rental agreement online in India conveniently. Platforms offering eSign rental agreements allow NRIs to draft, customize, and execute the online rent agreement, saving time and effort. This is especially useful for NRIs managing properties remotely or abroad.
Also Read: What is the Income Tax & GST compliances on rentals generated by the NRI landlord?