Why do you need a general power of attorney for an apartment?

It often happens that a person who hasproperty, wishes to sell it or bequeath it. But he can not deal with all the nuances of the transaction and signing documents for any reason. For example, does not allow health, or he permanently resides in another country. In this case, and need a general power of attorney.

Basic moments

general power of attorney

So, what is this document? The General Power of Attorney is issued so that another person can dispose of the property of the owner. He can also make certain transactions specified in the document. The power of attorney is issued either for all property, or for a specific one - for example, an apartment.

General power of attorney from the ordinary is different, infirst of all, by the fact that in this case the trustee receives extended powers. This document must be registered with a notary. At the same time, it is important to clearly state all the actions that the principal authorizes to perform with his property. In addition, the power of attorney is always indicated by the specific terms of its validity. If they are not, then it will be valid for one calendar year.

Trust but check!

Since the general power of attorney forreal estate can give a person the opportunity to sell housing and get money, then you should be especially careful. Those who do not particularly understand the legal subtleties, scammers easily traced around the finger, asking to sign a small paper.general power of attorney for the apartment

It happens that black realtors do thispower of attorney for privatization or for registration of inheritance. Therefore, it is important to clearly read all the points in the document, and if there is a phrase "to make any transactions permitted by law," then it is better to refuse such an assistant. It is worth noting that notaries are very wary of such situations. After all, if the owner loses his square meters and claims to the police that he was misled, problems for the people who issued the document will only increase.

How to protect yourself from scammers?

In general, real estate market experts do notrecommend buying a house by proxy. After all, there is a high risk of being deceived. The simplest option - a general power of attorney for an apartment can be a fake. And then the money given for a dream home will be very difficult to return.

If, however, you decided on such a deal, thenyou need to communicate with the principal. On the phone, for example. Make sure that he is capable, is in his right mind and with memory. Sometimes it happens that the person has long been dead, and the fraudster uses the old document. In addition, the owner must be aware of the existence of a power of attorney.

general power of attorney for real estate

Also do not agree to buyReal estate, if the principal is mentally ill. To determine, of course, this is not everyone's power. But in this case the court can withdraw the power of attorney, and cancel the transaction. In addition, you can personally communicate with a notary who issued the document.

A general power of attorney can be invaluablehelp those who are not able to self-sell housing. But at the same time, the owner has a risk of losing both real estate and money. Not less risk and the buyer, concluding a transaction involving such a document.

Related news

Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment Why do you need a general power of attorney for an apartment