![]() |
|
|
|
|||||||
| Legal & Financial This is the forum for all your legal and financial questions. |
|
|
LinkBack | Thread Tools | Display Modes |
|
|
#1 (permalink) |
|
Sol
is not half hungry.
Regular Member
Join Date: Nov 2009
Location: Angle Land
Posts: 30
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0 |
I now own half of a property in Spain. The other owner has a power of attorney (over?) me. They have a power of attorney, but I'm unclear as to what that really means. I have no power of attorney, and I agreed that they would have this power. I have no idea how long this power lasts for. It's complicated, but let's just say I shrugged my shoulders, and basically said, 'If you say so'. As far as I knew, it meant that they could sign documents on my behalf, say if I weren't there. Does this mean any document and therefore pretend to be acting on my supposed intent? Or could it be restricted to documents relating to the property only, or to a wider range of documents? Could having the power of attorney mean that they could change the 'Escurita' or what I think I am referring to as the deeds of the property? Does having a power of attorney imply 'over'? Meaning I am powerless? What could make me 'powerless', in this sense? My mere absence? FWIW, I also now have a Spanish will that states my intentions for my property/goods in Spain. |
|
|
|
|
|
#2 (permalink) | |
|
greg
is....
Admin
Join Date: Jun 2008
Posts: 1,068
Thanks: 11
Thanked 86 Times in 79 Posts
Rep Power: 10 |
Is this through a Spanish limited company?
If so, effectively this "other owner" has all the authorization to do what they want with this property. Quote:
__________________
How effective is your Marketing? |
|
|
|
|
|
|
#5 (permalink) | ||
|
greg
is....
Admin
Join Date: Jun 2008
Posts: 1,068
Thanks: 11
Thanked 86 Times in 79 Posts
Rep Power: 10 |
Quote:
Authorization to do whatever is legal with this property... Rent... Sell... In your name Quote:
Why not simply ask him/her?
__________________
How effective is your Marketing? |
||
|
|
|
|
|
#6 (permalink) |
|
Sol
is not half hungry.
Regular Member
Join Date: Nov 2009
Location: Angle Land
Posts: 30
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0 |
Thanks.
I had a feeling that this affair was like opening the proverbial can of worms. I shall have to tread carefully, methinks, in this regard. Again, I appreciate the swift reply. |
|
|
|
|
|
#7 (permalink) |
|
greg
is....
Admin
Join Date: Jun 2008
Posts: 1,068
Thanks: 11
Thanked 86 Times in 79 Posts
Rep Power: 10 |
My pleasure! Hope it all works out for you...
P.S. I strongly recommend talking to a lawyer though, they will know all the ins and outs of your situation!
__________________
How effective is your Marketing? |
|
|
|
|
|
#8 (permalink) |
|
Sol
is not half hungry.
Regular Member
Join Date: Nov 2009
Location: Angle Land
Posts: 30
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0 |
I figured that... I have been in and out of the Spanish notary's offices for some time to know, actually, if I may depart from my original post, what a pleasant and easy transaction the whole thing can be! Seriously. It was worth it just to meet these guys in lavish offices with a desk about a mile wide by half a mile deep, and other furniture to match!
BTW, my Spanish will cost about 35E... just for me, while I read locally here in the uk that a 'single' will will be about £135! |
|
|
|
|
|
#9 (permalink) | |
|
cadiar
is....
Edit
Guest
Posts: n/a
|
Quote:
Hi Sol, a Power of Attorney will only cover what you have agreed that it should cover and was written into the Document, you can give Power of Attorney to cover all aspects of life, or restricted to only cover a particular part of your life such as property. The Power of Attorney gives the person granted that power to act as if they were you, so yes they can sign or change anything, and although they should let you know what they are doing, there is no law to enforce that. If you are worried by the Power of Attorney you have given, it is easy for you to cancel it, you just have to go into the Notaries Office where the Power of Attorney was issued, and ask for the Power to be revoked, and it will be done then and there. I hope that this helps. |
|
|
|
|
|
#10 (permalink) |
|
Sol
is not half hungry.
Regular Member
Join Date: Nov 2009
Location: Angle Land
Posts: 30
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0 |
Thanks Cadiar, I am concerned about it, because it was only after the event that I had time to cogitate upon things, and I realise how frosty the relationship is - it is this lack of confidence that is causing me to have doubts over the matter.
Anyway, I plan on getting copies of all the papers I signed there, get them properly translated, and digest the true import. Again, my thanks. |
|
|
|
| Bookmarks |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| Display Modes | |
|
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Spain plans to phase out nuclear power | spanish news | Current Affairs | 0 | 29-09-2009 14:40 |
| Solel gets green power cash | spanish news | Current Affairs | 0 | 25-09-2009 18:18 |
| How to get Iberdrola power increase | scotmjb | Living in Spain | 4 | 22-12-2008 16:46 |
| Graveyard dedicated to Solar Power | spanish news | Current Affairs | 0 | 29-11-2008 16:48 |
| Deregulation of power suppliers | Neil - Benahavis | Living in Spain | 0 | 06-11-2008 17:32 |