What is Power of attorney?
A power of attorney documents authority given to another person to act on someone’s behalf. The underlying mandate and external authority are related but distinct.
Definition and legal framework
1. Scope Turkish obligations law regulates mandate and representation. The written authority is limited by its terms; a “general” power does not automatically authorize every specially regulated act. 2. How it works The principal grants authority under applicable form requirements. Some dispositions require explicit special wording. Notarial execution does not make careful reading unnecessary.
Consequences and application
3. Rights, conditions and exceptions Acts beyond authority require separate analysis of the third party and circumstances. Duties of accounting and possible revocation matter, including timing and notice. 4. Practical considerations Check names, permitted acts, restrictions and duration. Banks, property transactions and litigation can require different specific authority.