Procedures

There is often a need for persons to appoint third parties to carry out certain tasks on their behalf, namely to appoint third party representatives, in order to undertake daily dealings or even urgent matters; i.e. to delegate representatives.

Power of Attorney is granted through a document by which an agent [proxy] may be appointed to act on the specific instructions described therein and on your behalf.

The power of attorney shall always be in writing, dated and signed by the principal appointing the agent. The signature must be certified by a competent official (Notary, Citizen Service Center, Police, Embassy Officer, etc.).

Acts authorized to the agent shall be described in detail in the text of the document; according to the scope of the acts allowed to be undertaken by the proxy, such documents are divided into ‘General’ and ‘Specific’.

• The ‘General’ Power of Attorney provides the agent with a wide range of activities, such as the overall management of his estate, on instruction by the principal.
• The ‘Specific’ Power of Attorney provides the agent with the ability to carry out only certain acts which are expressly described in the text of the document, such as the conveyance of real property under specific conditions.

When the act for which the power of attorney has been provided for is performed, the power of attorney can automatically expire.

Power of attorney shall be revoked either by a declaration to the agent or the third party by the principal, or through a notarial deed.