What is a power of attorney?
A power of attorney is a document that one person has authorized another person in writing to act on their behalf in certain situations. Power of attorney can be general or limited. As stated in the Code of Obligations, a power of attorney is a bilateral contract.
What are the power of attorney types / types?
There are various types of power of attorney, namely the power of attorney for the administration of your home and property, a few of them are;
- General Power of Attorney
- Power of attorney regarding the transactions to be made in the land registry
- Power of attorney for the purchase and sale of real estate
- Power of attorney authorized to establish a mortgage
- Power of attorney to be given to make a sales valley