It often happens that people who own property, it wants to sell or bequeath.But here's the deal with all the nuances of the transaction and the signing of documents for any reason, it can not.For example, does not allow the health, or he resides in another country.In this case and need a general power of attorney.
Highlights
So, what is this document?General Power of Attorney issued to the property owner could dispose of another person.Also, it can perform certain transactions specified in the document.The power of attorney shall be issued either on the entire property, or a specific - for example, in an apartment.
General power of attorney is different from the usual, first of all, the fact that in this case, the trustee receives the expanded powers.This document must be registered by a notary.It is important to clearly set out all the actions that allows to perform with its principal assets.In addition, the proxy always indicate a specific expiration date.If they do not, then it will be valid for one calendar year.
Trust, but verify!
As a general power of attorney for property can give a person the possibility of selling property and receiving money, there should be especially careful.Those who are not particularly versed in the legal intricacies, fraudsters easily encircle around his finger and asked to sign a small paper.
happens that black realtors make such a power of attorney for the privatization or for registration of inheritance.Therefore, it is important to clearly read all the items in the document, and if there is present the phrase "perform any permitted by law, the transaction", then from a helper should be abandoned.It should be noted that notaries are very wary of such situations.After all, if the owner will lose their square footage and report to the police that had been misled, the problems of people, issued a document, only increase.
How to protect yourself from fraud?
In general, the real estate market experts do not recommend buying a house by proxy.After all, there is a high risk of being cheated.The easiest option - general power of attorney to the apartment may be a fake.And then the dream cast for housing money back will be very difficult.
If all the same you have decided on such a deal, you need to communicate with the client.On the phone, for example.Make sure that he has capacity, it is of sound mind and memory.Sometimes it happens that a person has long been dead, but the scammer uses the old document.In addition, the owner must be aware of the existence of a power of attorney.
Also, do not agree to the purchase of real estate, if the principal is mentally ill.To determine this, of course, the strength is not for everyone.But in this case, the court may revoke the power of attorney, and to cancel the deal.In addition, it is possible to talk personally with the notary, which issued the document.
General power of attorney can provide invaluable assistance to those who can not himself engage in the sale of property.But at the same time the owner and there is a risk of losing the property and money.Not less risk and the buyer, made a deal with the participation of such a document.
