Power of Attorney and Notarization
Power of Attorney is a legal specialized document. The main intention of granting the same is to provide authority to a specific person or company. Power of attorney is provided by a single person or a company to another person or a company. This is done to ensure that the person who is being granted the attorney can access, work and act under or for the grantor. The power of attorney is generally authenticated by a notary. For signing the POA in UAE, notary services in UAE is specifically taken into consideration.
The next thing that while discussing the argument power of attorney and notary services in Dubai will mostly be the advantage of power of attorney. The use of POA all over the UAE is so wide and unlimited and cannot be stated via single post. But here are some of the wide uses of POA in UAE which need to be mentioned.
In the cases of real estate properties in Dubai, the whole process of attaining a power of attorney has been simplified with the help of local firm based in Dubai is the best choice from signing the power of attorney to legally functioning of the same. Signing the POA is an effective and reliable way. The process is acknowledged by legal procedures so the chances of accuracy are high.
Another point to add to the efficiency advantageous list is that the whole process is quite inexpensive in management. Private notary services in Dubai are available at decent reasonable rates. Anyone can afford them for notarization.
Power of attorney which is signed in the UAE has certain validation issues to be handled. Power of attorney which is authenticated by the notary services is valid for two years from the issue dates. Some people might have the myth that after the validation period it needs to be re-signed and authenticated by the legislative authorities. But it is not more than just a typical myth, after the validation period the POA needs to be renewed by the certain authorities. For the revocation of the same a message or simply a notification needs to be delivered to the office which issues the POA later.
The POA in UAE issued by the notary services present there and is validated for the purpose it will be used for. The POA issued for transactions including real estate transactions, once the transaction is made complete, the POA gets expired or revoked on the time. The POA issued in UAE also depends on legislation and general made rules for revocation.
Notary services are needed for authenticating the identity of the person signing. In simple terms for notarizing the power of attorney, notary services are needed. Notary services in Dubai are generally requested by those who are wondering to notarize the documents and contracts pending in UAE.
Any foreign party or businesses which are looking to notarize certain documents and can solicit the notary services. But the necessities of documents need to be marked. In the matter of notary services and authentication anyone can assist Dubai attorneys for extra support.
The power of attorney is further classified into three of its types they are.
- General power of attorney
- Special power of attorney
- Lasting power of attorney (Not applicable in UAE)
Altogether it can be stated that the power of Attorney is an important legal document of UAE. It efficiently solves the various problematic disputes through special legal procedures. A large number of activities are covered under the power of attorney in Dubai. These activities are generally related to real estate transactions and processes.
POA is generally issued with the help of concerned notary services in UAE. The whole procedure of publishing a power of attorney is highly simplified but a proper concern is required.