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Ordinary Power of Attorney
An Ordinary Power of Attorney allows you to appoint someone (your attorney) to handle your financial, property, and legal matters on your behalf. It's ideal for situations where you're unavailable or unable to manage specific tasks yourself temporarily.
An Ordinary Power of Attorney made in Bind includes:
Attorney Appointment
Clearly identify the person you trust to act on your behalf. Define circumstances when you may need to appoint another attorney.
Financial Management
Authorise your attorney to manage banking transactions, handle investments, manage tax affairs, settle debts, oversee pensions and benefits, and manage insurance policies.
Property Management
Enable your attorney to manage real estate and personal property, including buying, selling, leasing properties, collecting rent, and arranging repairs or maintenance.
Legal Representation
Allow your attorney to represent you legally, including signing contracts, hiring solicitors, and managing legal proceedings.
General Authority
Grant broad authority to manage any additional matters required to handle your personal affairs effectively.
Duration and Termination
Clearly define when the attorney's authority begins and ends, including specific dates or events that automatically terminate the power.
Governing Law and Jurisdiction
Specify that the Power of Attorney is governed by the laws of England and Wales, ensuring clarity and enforceability.
Ordinary Power of Attorney requires signatures from both you (the principal) and your appointed attorney. Bind lets you smoothly eSign and share this document, making the signing process quick, secure, and straightforward.
Endless Googling
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