General Power Of Attorney Template South Africa

Powers can be as general or specific as you wish from on going and complete control of your estate to power for a specific task for a limited time.

General power of attorney template south africa.

General power of attorney allows an individual the principal to select an individual the agent to handle their financial affairs only unlike durable power of attorney the general does not allow the agent to be able to make decisions on the principal if he or she is not mentally capable also known as incapacitated due to a coma. In other words the person giving authority must be of sound mind in order to be able to give authority. A power of attorney is used to give someone you trust the legal authority to manage your financial property and or legal matters. Stipulate an expiry date.

The law on power of attorney in south africa also requires that the principal must have contractual capacity in order for power of attorney to be valid. Often a power of attorney is used to ensure that your affairs will be administered according to your wishes in the event that you become mentally or physically incapable. This is one of the most used forms of a power of attorney commonly used in. There s no need to issue a general power of attorney with broad powers if a limited or specific power of attorney will suffice.

Enduring power of attorney in south africa. And without in any way restricting or limiting the aforementioned general powers and authorities i do hereby specially authorise my said attorney and agent to do all of the following acts matters and things in relation to any company or companies in the republic of south africa. A general power of attorney is normally used to permit an agent to manage affairs for some time period especially when you are unable to perform them because of any reason for instance if you are traveling or are mentally or physically unable to handle your tasks. A written document where one person known as a principal appoints and authorises another known as an agreement to generally conduct affairs on its behalf.

You can always execute another power of attorney form if you still need your agent to continue acting on your behalf. General power of attorney. South africa guide to renting letting buying in a new developement choosing a building contractor home improvements choosing an estate agent rental as an investment your right to a view alienation of land act. The power of attorney forms has all the important clauses and the user just needs to add in his personal details as well as those of the person whom he wishes to authorize.

Delegate authority to act on your behalf to someone else using one of these power of attorney templates. South african power of attorney. Our collection of power of attorney forms includes ones customised for specific common uses.