How to give Power of Attorney to Buy Property in Turkey?
Unable to attend the apartment transfer proceedings in Turkey? No worries, you can grant authorization for someone else to act on your behalf at the Land Registry Department. Whether you're abroad or unable to be present during the transaction, entrust a lawyer or a trusted real estate agent from Basic Apartment to represent you. With a power of attorney issued either at a Turkish notary, consulate, or embassy, your chosen representative can seamlessly handle the entire process. Remember, if you're executing a power of attorney outside Turkey, ensure the documents are Apostilled and have a sworn translator ready to translate the paperwork into your native language.
What is a Power of Attorney?
A power of attorney is an official document in which one person legally delegates authority to another. When issuing a power of attorney, the intention of the grantor to delegate specific affairs or transactions to the person receiving the power of attorney is clearly stated. This document can cover a variety of powers, such as making decisions regarding health status, managing financial transactions, disposing of property, etc. The power of attorney becomes valid upon notarization and the grantor may have specific requests regarding the duration and scope of the delegation. In Turkey, powers of attorney can be issued for specific types and purposes and must comply with legal requirements.
What Types of Powers of Attorney Are Available in Turkey?
There are different types of Power of Attorney in Turkey. These can be categorized into general power of attorney, special power of attorney, limited power of attorney, and durable power of attorney. A general power of attorney provides a broad scope of authority. It allows a person to conduct all of his or her affairs on behalf of the power of attorney holder. In contrast, a special power of attorney covers a specific transaction or transaction. A limited power of attorney is granted for a specific period or to fulfill a specific purpose. A durable power of attorney transfers a specific business or business continuously. Each type of power of attorney is designed to meet specific needs and must be issued according to the legal requirements in Turkey.
Which Documents are Required for Power of Attorney?
Completing the required documents is vital in the power of attorney transactions. The correct documentation ensures that legal proceedings proceed smoothly and minimizes the risk of ambiguity or error. This increases trust between the parties and helps to avoid disputes. You should prepare the following documents for your power of attorney procedures:
- Two photos
- Turkish tax number
- Sworn translator
- Passport translation
- Passport
- Turkish identification number of the authorized person.
Preparing documents according to legal requirements protects the parties' rights by ensuring the legal validity of transactions based on the Power of Attorney. Therefore, it is of the utmost importance that the documents required for the Power of Attorney are submitted completely and accurately. Please see the frequently asked questions and answers below. For more information about the power of attorney when buying property in Turkey, please contact us.
What to Consider When Issuing a Power of Attorney?
There are several important factors to consider when issuing a Power of Attorney.
First, the grantor needs to choose a trustworthy person. When drafting the Power of Attorney, it is also essential to clearly specify details such as the scope and duration of the power of attorney. Also, the specific instructions of the grantor on how to use the power of attorney should be taken into account. Another critical point is to have a power of attorney notarized, which ensures the legal validity of the power of attorney transactions. Finally, particular circumstances, such as the health or financial situation of the grantor, should also be considered when issuing the Power of Power of Attorney. Each factor ensures that the Power of Attorney is executed correctly and smoothly.
How to send a power of attorney abroad?
Sending the Power of Attorney abroad requires following certain procedures. First, it is essential to prepare the power of attorney wholly and correctly. Then, it is necessary to follow the steps required for the power of attorney to be legally recognized. These steps may include notarizing the power of attorney, contacting the necessary consulates or embassies, and perhaps having the power of attorney translated. Finally, sending the Power of Attorney securely via international postal services or digital methods is important. Each of these steps ensures the smooth completion of the Power of Attorney process abroad and protects the parties' rights.
How to Cancel a Power of Attorney?
Whenever you wish to revoke a power of attorney in Turkey, you can do so at any time. To revoke a power of attorney, you must bring a copy of the power of attorney or state the date the power of attorney was issued.
When you give someone a power of attorney, please carefully read or listen to what is given to you and what is included in this power of attorney. We recommend issuing a limited power of attorney or limiting it in time. Usually, one year is enough for this.
