Real Estate Power of Attorney in Turkey
Ranting power of attorney to a lawyer in Turkey can simplify and secure your property purchase process, especially if you are not fluent in Turkish or do not reside in Turkey. Here’s a detailed overview of what you need to know about power of attorney for property purchases in Turkey:
What Can a Lawyer in Turkey Do for You?
Before granting power of attorney, a document will be drafted outlining the lawyer’s exact powers. You can grant as much or as little freedom to the solicitor as you wish. It's crucial to ensure the lawyer is a member of the local Lawyer’s Bar Association for added security.
Steps Involved in Granting Power of Attorney:
- Drafting the Document: The power of attorney document specifies the lawyer’s responsibilities and limitations.
- Notarization: Legal documents must be notarized for validity in Turkey, either in Turkey or at the local Turkish consulate in your home country.
- Translation: Documents need to be translated into Turkish and English and notarized.
- Revocation: You can revoke power of attorney at any time by notifying a notary or Turkish consulate and sending a written notice to the lawyer. Ensure all copies of the original document are returned, and notify your bank of the revocation.
Types of Power of Attorney in Turkey:
- General Power of Attorney: Grants broad legal rights to the lawyer to represent you in all matters, often requiring your signature for approval.
- Specific Power of Attorney: Grants the lawyer rights to represent you in a specific transaction, such as a property purchase. This is the preferred option for foreigners buying property in Turkey.
Benefits of Granting Power of Attorney:
- Simplifies the Process: Handles all necessary steps in Turkish and ensures compliance with local laws.
- Saves Time: Manages the entire purchase process on your behalf.
- Risk Reduction: Utilizes the expertise of a trusted lawyer to avoid common pitfalls and legal issues.
Final Advice:
- Choose a Trusted lawyer: Ensure they are reputable and a member of the local Lawyer’s Bar Association.
- Clearly Define Powers: Specify what the lawyer can and cannot do on your behalf.
- Keep Documentation Safe: Properly manage and revoke power of attorney when necessary.
For a smooth, easy, and risk-free property purchase in Turkey, granting power of attorney to a lawyer is a highly recommended strategy. Contact United World for a list of respected and trustworthy lawyers in Turkey to assist you with your purchase.