Affairs in Spain? Poder? Louise Explains What Our Leeds Service Offers
Spain is a very popular country for us Brits to start a new life in. There are approximately over 300,000 British ex-pats residing in Spain alone. As Notaries we get to see many individuals who have interests in Spain and one of the most common documents we assist with is a “Poder”
A Poder is the equivalent of what we call in England a “Power of Attorney”.
A Poder is a legal document which authorises a person to deal with affairs in Spain.
Usually we see clients who are wishing to purchase, sell or transfer property ownership but are unable to get to Spain to deal with the necessary legal formalities and wish to instruct their Spanish adviser to deal with such formalities on their behalf.
Sometimes the Poder is to authorise Lawyers in Spain to deal with inheritances left by a deceased relative who lived in Spain.
It is usual that the Spanish adviser will draw up the necessary Poder and email direct to us for signature of it to be made in the presence of a Notary Public. It is the Notary’s job, and the Spanish procedure, to read the document out loud to the client before signature is made.
A Poder is a very powerful document and should not be entered into lightly and it is advised that you choose your Attorney very carefully.
Usually the Poder is not tailored to the individual requirement you are wishing it to be used. For example if you are purchasing a property in Spain then you might think the Poder should just authorise the attorney to deal with all legal formalities relating to purchasing a property – however this is not usually the case – we see many Poders that are very wide in authority and usually authorises the Spanish adviser to deal with all kind of matters – dealing with courts, selling of property, dealing with banks etc…
The main reason for this is the Poder is usually a standard precedent which is run off the attorney’s computer precedent bank and includes authority to deal with whole range of stuff.
By running off a Poder which is not tailored to the clients individual’s needs usually keeps the legal costs down by not having to alter the template in any way. We have seen many clients who have felt slightly uncomfortable with the wide range of authority they are signing away but you may perhaps be invited to take the view that if you do not trust your Spanish adviser then why would you give him/her authority to deal with anything full stop?
Once a client is happy and signs the Power of Attorney/Poder then the document usually would need to be sent to the Foreign Office in Milton Keynes for an Apostille stamp.
This stamp confirms that the Notary who has dealt with notarisation of the Poder is a genuine qualified Notary and carries the necessary insurance [see my earlier blog for further information about the Apostille stamp].
When the above has taken place then it is ready to be sent to Spain for your adviser to proceed forthwith in dealing with your legal affairs in Spain – negating the need for you to travel.
If you have affairs in Spain or in any country of the world then please do get in touch if you require any assistance in dealing with any Legal documents.
As always, you can contact me or Chris here at AtkinsonNotary E7 Joseph’s Well Leeds LS3 1AB, phone 0113 8160116 and email firstname.lastname@example.org or via the website www.atkinsonnotary.com.