POWER OF ATTORNEY
After purchasing your home, you authorize Glin Invest to act on your behalf by giving a power of attorney regarding the transactions to be carried out at the land registry, a power of attorney for the purchase and sale of real estate, a power of attorney authorized to establish a mortgage, a power of attorney to be given to make a sale valley or a general power of attorney.
What is a Power of Attorney?
A power of attorney is a document that a person authorizes another person to act on his behalf in certain situations. The 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 Types / Types of Power of Attorney?
There are various power of attorneys, namely, the power of attorney given for the administration of your real estate and your property, some of them are;
- General Power of Attorney
- Power of attorney regarding the transactions to be made in the land registry
- Power of attorney regarding the purchase and sale of real estate
- Power of attorney authorized to establish a mortgage
- Power of attorney to be given to make sales valley
What is the validity period of the power of attorney, how long?
If there is no agreement between the proxy and the proxy, the power of attorney is indefinite. The power of attorney ends if the power of attorney is not expired, if the proxy resigns or the person giving power of attorney dies. For example, you gave a power of attorney to a friend to sell your house, and you specified the mandate until the sale of the house. In this case, the power of attorney you give will end when the house is sold. However, the power of attorney ends if the situations we have given above occur in the indefinite power of attorney. If there is no time limit between the parties, the power of attorney is considered to be indefinite. However, the Supreme Court accepts the duration of the general power of attorney as ten years.
