This discussion clarifies who should receive the funds when a property is transferred using a Power of Attorney (POA). The consensus is that while the POA holder can receive the payment on behalf of the owner, the ultimate destination for the funds must be the original owner, also known as the executant of the POA.
15 August 2024
Please guide whether Considerations towards transfer of property through P.O.A. to be received in name of the Executant,the real owner ,of the P.O.A. or the P.O.A. holder ?