Home |Power of Attorney (PoA) | Can I give a power of attorney for a property which is under an ongoing home loan? Should I need to get any NOC from the bank?

Can I give a power of attorney for a property which is under an ongoing home loan? Should I need to get any NOC from the bank?

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PGN Property Management PGN Property Management, Real Estate & Documentation Consultant with 21+ years of experience verified
Answered on January 04,2023

I presume, you signed the sale agreement and now home loan application is ongoing.

At such situation, Can give Power of Attorney for a property. NOC from bank is not mandated to register the Power of Attorney. 

Can use this power of attorney for deed registration.

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