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What is a power of attorney, and what is it for?
A power of attorney is a legal document that gives one person the authority to act on behalf of another in specified or all legal and financial matters. A general power of attorney grants broad powers, while a special power of attorney is limited to specific situations.
The power of attorney is useful for non-residents in Spain, especially when buying or selling a house, but it has many other applications as well.
Import of goods
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Take advantage of our experience in the real estate sector, and we will advise you on the best measures to prevent squatting in your home
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What powers are common to include in a power of attorney to purchase a property?
- Representing the person obtaining the NIE (identification number for foreigners) before the Spanish police.
- Maintain relations with the selling party (developer or owner) on your behalf as effectively as possible.
- Pay taxes on your behalf, always safeguarding your interests vis-à-vis the tax authorities as your representatives.
- Claiming and defending your position before the public administration in the face of notifications and requirements, following any administrative process to obtain the most favourable result,
- Act as your tax representative in Spain for the purposes required by law.
- Open and follow up on bank accounts in your absence, keeping them active and always under your instructions.
- Appearing before notaries and land registries to cover any needs during or after the purchase process.