A Power of Attorney is defined as a document which empowers or authorizes a person to act for another person as an agent.
When done, the lawyer can work and do those things which the document empowers him to do in the name of the donor, who is the owner of the property.
However, one may ask: under what circumstances will a Power of Attorney be required? Below are some of the circumstances under which a power of attorney can be used.
- Unavailability of Donor: A donor of the power of attorney is simply the person who authorizes a solicitor to manage his property. Such power can be delegated where the donor is unavailable to manage the property, maybe, due to travel or any other thing which must have occupied the donor.
- Expertise of the Donee: There are cases where the donor may be available but unable to manage a property of his because he does not have the necessary skills to handle the management of the property the best way it should. In such cases, the donor may delegate the power to handle such property to an expert i.e., a lawyer, who will manage the property on his behalf.
- Ill-Health: Physical impairment or ill health could also make a donor grant a power of attorney to a lawyer to enable him manage his property on his behalf.
The above circumstances, and perhaps, others, can require a person to donate or delegate the power to manage his property to a lawyer.
Owners of properties should not hesitate to get the services of a lawyer to manage their properties when the need arises.
This is necessary to wade of the challenges faced with engaging clients directly in the management of properties and the likes.