Power of Attorney
#1
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Joined: Mar 2007
Posts: 1
Power of Attorney
We are currently in the final phase of buying a property. We have secured a mortgage and asked for Power of Attorney on the day of signing. We've been told by our representative at Papillon Properties (our slightly unhelpful and lazy 'English' agent) that the Notaire says we need to be there to sign the loan document. After questioning our need to be there on the day he's told us the 'rules' have changed!
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
#2
Re: Power of Attorney
We are currently in the final phase of buying a property. We have secured a mortgage and asked for Power of Attorney on the day of signing. We've been told by our representative at Papillon Properties (our slightly unhelpful and lazy 'English' agent) that the Notaire says we need to be there to sign the loan document. After questioning our need to be there on the day he's told us the 'rules' have changed!
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
We sold a house in UK and gave the solicitor power of attorney to sign for us.
#3
Joined: Mar 2007
Posts: 10,551
Re: Power of Attorney
We are currently in the final phase of buying a property. We have secured a mortgage and asked for Power of Attorney on the day of signing. We've been told by our representative at Papillon Properties (our slightly unhelpful and lazy 'English' agent) that the Notaire says we need to be there to sign the loan document. After questioning our need to be there on the day he's told us the 'rules' have changed!
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
Does anybody have any advice as to whether this statement is true and whether we need to be there on the day?
regards
to recap power of attorny needs to be given at each individual institution. and you would have to prove to the notaire that the person can sign mortgage doc on you behalf a bank would be able to provide you with this.
Last edited by Ka Ora!; Mar 26th 2007 at 5:34 pm.