What exactly is a power of attorney? Can it help me manage a property I don’t own, especially if it’s been taken on loan?

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Law Forum › Category: Documentation › What exactly is a power of attorney? Can it help me manage a property I don’t own, especially if it’s been taken on loan?
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Apni Law Staff asked 6 months ago

What exactly is a power of attorney? Can it help me manage a property I don’t own, especially if it’s been taken on loan?

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Apni Law Staff answered 6 months ago

A Power of Attorney (POA) is a legal document authorizing someone to act on your behalf. It cannot be used to manage a property you don’t own. If a property is taken on loan, the lender usually has rights and responsibilities regarding its management.

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