Power of Attorney in Pakistani Real Estate Market

Power of Attorney in Pakistani Real Estate Market

A power of attorney (POA) is a legal authorization that allows one person (the principal) to designate another person (the agent or attorney-in-fact) to make decisions or take actions on their behalf related to finances, property, or medical care.

In Pakistan, obtaining and validating a power of attorney involves coordination across various government departments that play crucial roles in ensuring its legitimacy. As the POA process evolves towards digitization, understanding the departments involved provides key insights.

Key Government Departments Involved

Local Government & Community Development Department

The local government department oversees administrative affairs and issues the required stamp paper for drafting the POA document. Ensuring proper documentation on stamp paper is the first step.

Board of Revenue

The Board of Revenue maintains all land records and is responsible for registering property transactions. To register a POA for property sale/purchase, attestation by the Board of Revenue is mandatory.

Notary Public

A Notary Public is an official authorized to witness the signature of the POA document. Notarization certifies the identities of the principal and agent and the document’s legitimacy.

Overseas Pakistanis Foundation

For overseas Pakistanis, the Overseas Pakistanis Foundation facilitates the POA process through Pakistani embassies abroad. The Foundation verifies the principal’s credentials and witnesses POA signing.

NADRA

The National Database and Registration Authority issues Computerized National Identity Cards (CNICs) which serve as official identification for the principal and agent during POA registration.

Conclusion

The POA framework in Pakistan aims to balance ease of process with accountability across property and land transactions. While digitization initiatives are underway, government departments continue playing a pivotal role currently in regulating and approving POAs through a coordinated approach.

Understanding the exact departments involved and their requirements is essential for Pakistani citizens and overseas residents seeking to legally authorize decisions regarding their assets and properties in Pakistan.

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