Power of attorney
Meaning in real estate, with examples
In real estate, power of attorney means: A legal document that gives someone the authority to act for another person, for example to sign property documents when the owner cannot be present.
In Turkish: vekaletname, vekalet
How it is used
Common in international sales, when buyers or sellers live abroad and a lawyer or relative signs for them. People grant or hold power of attorney. For use in another country, the document usually has to be notarised, and sometimes apostilled and translated.
Example sentences
The seller lives in London, so her brother will sign at the land registry with a power of attorney.
The power of attorney names the property and allows the lawyer to complete the sale.
Common collocations
- grant power of attorney
- sign by power of attorney
- notarised power of attorney
- hold power of attorney
Related terms
This word in other fields
The same English word can have a different meaning in another field:
More terms: Contracts, Deeds & Title
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