Special Power of Attorney

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Special Power of Attorney

Ever wished you can be at two places in one


time? You can do that through A Special Power of
Attorney.

It is a written document wherein one person (the


"Principal") appoints and confers authority to
another (the "Agent") to perform acts on behalf of
the principal for one or more specific
transactions. It is used as evidence of
authority of the Agent to third persons with whom
the Agent may be dealing with.

A Power of Attorney may generally be used to


delegate any act that the Principal may do
himself. A Special Power of Attorney is used
when the Agent is authorized to act only in one or
more specific transactions or to do one or more
specific acts or to act only during a specific
occasion.
This document can be completed by filling up
the details of the Principal (name, citizenship, civil
status, and address) and the Agent (name and
address). The Principal must be of legal age (18
years old and above) to sign a Special Power of
Attorney. Thereafter, the user must specifically
describe the acts or transactions that the Agent is
authorized to perform or enter into and choose
whether the Power of Attorney will be valid only
for a specific period of time. Finally, the names
of two witnesses who will also sign the document
should also be entered.
Once notarized, the Principal should give at least
one (1) copy to the Agent so the Agent may use
the same as evidence of his authority.

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