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Special Power of Attorney SPA - To Buy Purchase

1. The document appoints [NAME] as attorney-in-fact to purchase real estate properties in the Philippines on behalf of the principal up to an acceptable amount, sign documents to sell properties, and perform other legal actions necessary to preserve and manage properties. 2. The attorney-in-fact is authorized to sign promissory notes, mortgages, and other documents to secure credit and financing for properties, receive pertinent documents, proceeds, and checks related to property purchases and financing. 3. The principal grants full power of authority to the attorney-in-fact to act on their behalf regarding the purchase, sale, financing and management of real estate properties.
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82% found this document useful (22 votes)
48K views2 pages

Special Power of Attorney SPA - To Buy Purchase

1. The document appoints [NAME] as attorney-in-fact to purchase real estate properties in the Philippines on behalf of the principal up to an acceptable amount, sign documents to sell properties, and perform other legal actions necessary to preserve and manage properties. 2. The attorney-in-fact is authorized to sign promissory notes, mortgages, and other documents to secure credit and financing for properties, receive pertinent documents, proceeds, and checks related to property purchases and financing. 3. The principal grants full power of authority to the attorney-in-fact to act on their behalf regarding the purchase, sale, financing and management of real estate properties.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THIS PRESENT:

That I, ___________ of legal age, Filipino Citizen, married to _________, _______


citizen, with postal address at ________________, by these presents do hereby NAME,
CONSTITUTE AND APPOINT ________________, Filipino citizen with residence and
postal address at ________________, to be my true and lawful Attorney-in-Fact, for me and
in may name, place and stead to do and perform all of any of the following:
1. To purchase a real estate property, or properties anywhere in the Philippines in an amount
acceptable to her;
2. To sign and/or execute in any deed of conveyance to effect the sale of the property in
my/our name/s.
3. To make payments, sign papers, execute any document and deliver contracts, documents,
agreements, and other writings of whatever nature or kind of which needed my consent or
personal authority, with any and all third persons, concerns and entities for the
preservation of the property, for the same to be titled and transferred under my name and
which maybe necessary or required in performing and consummating the aforesaid acts.
4. To sign, execute and deliver promissory notes, mortgage contracts over the property to
secure the credit under such terms and conditions, as my ATTORNEY-IN-FACT may
deem proper and convenient;
5. To receive all the documents pertinent to the purchase of any property. To receive
proceeds of the promissory note or notes which my said ATTORNEY-IN-FACT may
execute in connection with the Credit; or
6. To encase, endorse or negotiate the check or checks that may be issued by any of the
property seller be it a company or individual in connection with the Credit.
HEREBY GIVING AND GRANTING unto my said attorney full powers and authority to
do and perform all or any acts requisite and/or necessary to carry into effect the foregoing
authorities, as fully to all intents and purpose as I might or could lawfully do, if
personally present and acting in person, and HEREBY RATIFYING AND
CONFIRMING all that my said ATTORNEY-IN-FACT may also do or cause to be done
under and by virtue of these presents.
IN WITNESS WHEREOF, I have hereunto affix my signature this _________________
day of ____________________.
________________
PRINCIPAL
Marital consent: ________________
ACCEPTED:
________________
ATTORNEY-IN-FACT

SIGNED IN THE PRESENCE OF:


_____________________________

_____________________________

AC K N OWLE D G M E NT
Republic of the ____________)
City of_________
) SS.
BEFORE ME, a Notary Public for and in the above jurisdiction, personally appeared
this _________________________________________ day of ____________________, 200_.
NAME
________________

PASSPORT#
__________________

DATE/PLACE ISSUE
_____________________

known to me to be the same persons who executed the foregoing instrument and each of the
acknowledge to me that the same is his/her own free and voluntary act and deed.
WITNESS MY HAND AND NOTARIAL SEAL, on the date and at the place first above
written.
Doc. No.;
Page No.;
Book No.;
SERIES of 2009

NOTARY PUBLIC

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