How To Make A Purchase With A General Power Of Attorney

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How To Make A Purchase With A General Power Of Attorney
How To Make A Purchase With A General Power Of Attorney

Video: How To Make A Purchase With A General Power Of Attorney

Video: How To Make A Purchase With A General Power Of Attorney
Video: Purchasing land on general power of Attorney | Buying property through (GPO) Is it safe ? 2024, November
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Thanks to such a legal document as a power of attorney, a person can make transactions without being present in person. At the same time, he can be represented by another person holding a notarized power of attorney confirming his authority. The legality of such transactions is confirmed by Article 185 of the Civil Code of the Russian Federation.

How to make a purchase with a general power of attorney
How to make a purchase with a general power of attorney

What types of powers of attorney are

A power of attorney can only be drawn up in writing, and in the case when it involves the performance of transactions that must be drawn up by a notary, it itself must be notarized. There are special requirements for the content of this document, regardless of the type of power of attorney. So, the actions stipulated in it, which the principal permits his authorized representative to perform, should not be illegal. Permitted actions must be stated clearly and clearly in order to exclude their ambiguous interpretation.

Powers of attorney are one-time, issued for the performance of aggregate or long-term actions for a specified period, as well as general ones. A one-time power of attorney is issued to perform any one action, for example, to buy a car. But the power of attorney to dispose of them refers to those that are issued for the performance of aggregate actions. The broadest powers are received by the authorized person, in whose hands there is a general, or general, power of attorney. It may stipulate the possibility of making any transactions with the property of the principal and even exercising the rights and obligations that are his prerogative.

How to shop using a general power of attorney

To issue a general power of attorney for a person representing your interests, you must contact a notary office. The text of this document must indicate: place and date of issue of the power of attorney; its validity period. The maximum period for which a general power of attorney can be issued is 3 years, if it is not agreed, the power of attorney will be considered valid for one year. In addition, in the power of attorney, you must indicate your last name, first name and patronymic, citizenship and place of residence, passport data; surname, name and patronymic of the representative, his place of residence, passport data (if possible). You must personally issue a general power of attorney with a notary, but the presence of your authorized representative is not necessary.

Having in hand this power of attorney, certified by a notary, your representative can make purchase and sale transactions by signing the corresponding agreement on the part of the buyer. At the same time, after his last name, first name and patronymic are indicated in the contract, the text "acting under a power of attorney issued then on behalf of such and such" should follow, indicating your place of residence, citizenship, passport data.

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