How much does a notary charge in India?

he discovered that according to a list issued by the union law ministry in may this year, a notary may charge only rs 5 per page of the affidavit. this is over and above the rs 25 for court fee stamps, and rs 15 for the affidavit.

How do I notarize a power of attorney in India?

Registration of power of attorney is optional In India, where the ‘Registration Act, 1908’, is in force, the Power of Attorney should be authenticated by a Sub-Registrar only, otherwise it must be properly notarized by the notary especially where in case power to sell land is granted to the agent.

How much is the notary fee?

Now how much does it cost to have a document notarized? The rules provide specific rates for specific documents to be notarized. These rates need to be reviewed, updated and standardized already. Notaries usually charge a fee of one percent to 1.5 percent of the property’s selling price for a Deed of Absolute Sale.

Can a lawyer be a notary?

1. Who is a Notary Public? Under the 2004 Rules of Notarial Practice (“Rules”), a notary public must be a lawyer. One must also be lawyer in good standing and must not have been convicted in the first instance of any crime involving moral turpitude.

Is special power of attorney needs to be notarized?

A general power of attorney grants the agent the legal right to make all financial and legal decisions on behalf of the principal. A special power of attorney may need to be notarized to have legal authority.

What is the difference between notary and power of attorney?

A power of attorney needs to be signed in front of a licensed notary public in order to be legally binding. The notary public is a representative of the state government, and their job is to verify the identity of the signer, ensure they are signing under their own free will, and witness the signing.

Are all lawyers notaries in India?

India. The central government appoints notaries for the whole or any part of the country. State governments, too, appoint notaries for the whole or any part of the states. On an application being made, any person who had been practicing as a Lawyer for at least ten years is eligible to be appointed a notary.

Whats the difference between a lawyer and a notary?

The primary difference between a notary and a lawyer is that a lawyer can represent their client in court, whereas a notary cannot. Among other responsibilities, a lawyer has the power to act as a notary public, but not vice versa.