Power of Attorney (POA): Who Qualifies and What You Get
Learn how to grant legal authority to an agent to sign property documents on your behalf in the United Arab Emirates.
A Power of Attorney is a legal document that gives another person the authority to act and sign documents on your behalf.
Who it's for
This is designed for clients who are unable to attend property closings in person.
What you get
By setting this up, you gain the ability to have an agent legally sign important documents for you, ensuring your property transactions can move forward even when you are not present.
What it costs you
You will need to pay for the costs of drafting the document and the fees required for notarization.
The catch to know
The document must be very specific to be useful for property deals; it must explicitly state that the agent has powers regarding "Real Estate" and "Sale/Purchase."
How to apply
- Draft the legal document clearly outlining the powers you wish to grant.
- Ensure the specific language for real estate and sales is included.
- Visit a Notary Public to have the document officially notarized.