Helping the company in the area of Real Estate, a Real Estate Power of Attorney (POA) is a legal document that gives a legal power to a third party to represent the property owner on matters related to the property. A POA in Dubai is frequently issued by the property holder to their close associate, attorney or agent to manage property (purchasing, selling, rental etc.).
The Real Estate Power of Attorney should be signed by the Notary Public in Dubai to make it legally binding and acceptable by the government authorities. Notarization is a way to verify the validity of the document and the identity of the parties.
What Is a Real Estate Power of Attorney?
A Real Estate Power of Attorney is a document which enables the designated individual (which is referred to as the agent or attorney-in-fact) to perform any activities involving property on behalf of the owner of the property (the principal).
This authority may include:
- Buying or selling property
- Signing real estate transfers
- Managing rental agreements
- Meeting the owner with the government agencies
- Dealing with property registration processes
The POA document should state the area of authority.
Notary Public UAE
Contact our Notary Public Dubai team for fast and reliable notary services in the UAE.
The Need to Have Notarization of Real Estate POA
Notarization is a mandatory process in Dubai when dealing with the majority of legal documents connected to the transactions of property. The POA that is notarized makes the document legal before the authorities like Dubai Land Department (DLD) and other governmental bodies.
Notarization helps to:
- Establish who is the grantor of the authority as principal
- Avoid frauds or misuse of the document
- Make sure the POA is in conformity to the UAE legal standards
- Authenticate the power granted to the agent
The POA is not likely to be authorised to transact property without due notarization through an authorised notary public.
Documents Required to Notarize a Real Estate POA
The following are documents normally needed when notarizing a Real Estate Power of Attorney in Dubai:
- Principal Passport or Emirates ID
- Emirates ID / passport of the agent
- Draft of the Power of Attorney
- Details of property or title deed (where necessary)
- Trade license and corporate documents (where a company is taken care of)
Another set of documents might be needed by the type of transaction or property under consideration.
Notary Process for Real Estate Power of Attorney
The process or procedure of notarization of a real estate POA typically has multiple steps.
1. Drafting the POA
The document should specify the authority given to the agent clearly. It must state whether the power is limited or broad in terms of certain transactions with property.
2. Supporting Documents Preparation
One should make all necessary identification and property documents ready and place the notary appointment.
3. Identity Verification
The Notary Public establishes the identity of the principal and verifies that the signing is being done on a voluntary basis. Learn more about identity verification at a notary.
4. Signing the POA
The principal signs the Power of Attorney before the notary public.
5. Notary Authentication
Once verification has been done the document is stamped and certified by the notary, which makes it a legal document.
Common Cases of Real Estate POA Usage
The Real estate POAs are more often applied under such situations:
- The property owners who are not in the UAE
- Investors with representatives
- Through a legal representative, the sale or purchase of property
- Real estate management and rental placements
- Managing real estate when the owner is absent
A duly signed POA enables the property transactions to run smoothly without the actual presence of a property owner.
Relevance of Legal Aid in Preparation of POA
There are high levels of financial and legal responsibilities in the process of real estate transactions. When POA is poorly written or a vague power is specified in it, it can be the cause of conflict or rejection by the authorities.
Legal practitioners are able to help with:
- Writing a legally compliant Real Estate POA
- Diligence in the inclusion of proper details of property in the document
- Document preparation to be notarized
- Organizing the notarization procedure
Legal advice is appropriate in making the document valid and acceptable to the authorities involved.
Notary Public UAE
Contact our Notary Public Dubai team for fast and reliable notary services in the UAE.
Dubai Real Estate Power of Attorney Notary Services
It is a mandatory process of notarizing a Real Estate Power of Attorney in making transactions of property in Dubai. Drafting the document and having it notarized is one of the measures to ensure that the rights and interests of the property owners and other authorized representatives are not harmed.
Notary Public Dubai offers client services by helping draft and notarize real estate POAs, preparing necessary documents, and helping clients with the notarization process. Our team of lawyers also makes sure that the power of attorney regarding property are drafted in accordance to the legal requirements of the UAE, and are acceptable by the authorities.
In the event of need to have a Real Estate Power of Attorney notarized in Dubai, it can be of help to seek the assistance of professionals in the field of law so that the process can be done smoothly and without any problems. Many clients also choose private notary services for faster processing.
You may also review the official notary service fees before starting the notarization process.
