How To Make A Special Power Of Attorney
Creating a Special Power of Attorney (SPA) involves drafting a legal document that clearly specifies the limited powers granted to an agent for a particular task or transaction, such as selling property or collecting payments. The document should include the full names and addresses of both the principal and the agent, a detailed description of the specific authority being granted, the duration of the power, and the principal’s signature. To ensure its validity, the SPA should be signed in the presence of witnesses and notarized. In some cases, it may also need to be registered with a local authority, especially if it pertains to immovable property.
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