A Power of Attorney is a document which allows somebody to do something on your behalf.
If the title deeds for the Spanish property you are buying or selling are not being signed in the UK, then it is often faster, easier and more cost-effective to grant a Power of Attorney to somebody to sign the title deeds on your behalf.
Using a Power of Attorney to buy or sell property in Spain in this way has several advantages, including:
- It saves you from taking the time out of your schedule to go out to Spain to sign the title deeds
- Signing title deeds is not particularly exciting and most people prefer to use their time off enjoying the property rather than signing pieces of paper
- It normally works out cheaper than you going out to Spain to sign.
Things to consider when using a Power of Attorney for Spanish property sales
Before deciding to use a Power of Attorney to give someone else the authority to sign the title deeds for your Spanish property, you need to make sure you choose the right person to act as your Attorney and fully understand what you are authorising them to do.
You should only give a Power of Attorney to somebody that you trust as they allow that person to do things legally on your behalf.
In Spain Powers of Attorney have much wider faculties than we are used to in the UK and often have very general clauses in them “just in case”. We try and limit the Powers of Attorney down as much as possible whilst still allowing the person appointed the freedom to do what you need them to do.
Our Power of Attorney fees
We charge a fee of £395 plus VAT if the Power of Attorney forms part of a wider instruction. As a stand-alone piece of work, we charge a fee of £600 plus VAT.. On top of that you will have Notary fees, Foreign and Commonwealth Legalisation fee (£30 per document) and often Courier fees.
Need help buying or selling property in Spain?
Our UK-based team of property lawyers are highly experienced in helping clients to buy and sell property in Spain, as well as handling a whole range of related issues, such as using Powers of Attorney to handle the sale or purchase.
With a thorough understanding of both UK and Spanish law, we offer clear, reliable legal guidance in plain English, giving you confidence to deal effectively with property in Spain.
Call: 01438 840 258 Email: admin@judicaregroup.com