Martyn

Member
Full POA
If I give full POA to our buyers in June, does this give them complete control over doing all the legal stuff when it is convenient to them? i.e. we wouldn't need to attend for any reason other than to set up the POA. The answer I want is yes:9:
 

Karyn UK

Member
Full POA
Normally full power of attorney does not allow you to transfer the property into your own name only to act on behalf of the selling to a third party...this is to theorectically stop abuse of the process.

So giving power of attorney to your buyers for them to complete the sale may not be possible. The notary who draws up the power can advise you properly but make sure you ask the question specifically or everything will grind to a halt the day of the transfer!!

Karyn
 

Martyn

Member
Full POA
Thanks Karyn. Shame the person who set that up to stop abuse of the system weren't around to set everything else up.:redface:
 

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