The "Power of Attorney to Sell Car in the UAE" is a legal document that grants authority to an individual (the attorney or agent) to act on behalf of another person (the principal) in selling a car within the United Arab Emirates. This Power of Attorney is of great significance as it allows the attorney to complete the necessary transactions and formalities involved in selling the car without the principal’s physical presence. There are two main types of Power of Attorney to sell a car in the UAE: 1. General Power of Attorney: This type of Power of Attorney grants broad powers to the appointed attorney to sell the car and handle all the associated tasks related to the sale. The attorney has the authority to complete all necessary paperwork, negotiate the sale price, sign contracts, collect payment, and transfer ownership of the vehicle. 2. Specific Power of Attorney: Unlike the general type, this Power of Attorney is limited to a specific purpose, such as selling a particular car or a set of cars. It allows the appointed attorney to handle all the procedures required for selling the specified vehicle(s) only, ensuring the principal has control over the scope of authorization. To obtain a Power of Attorney to Sell Car in the UAE, the principal needs to follow a few essential steps. Firstly, they must visit a relevant legal authority or a public notary office, such as the Dubai Courts, to draft the Power of Attorney. Both the principal and the attorney should be present during this process. The Power of Attorney document should include specific details such as the names and addresses of both parties (principal and attorney), vehicle details, including license plate number and VIN (Vehicle Identification Number), and a clear indication that the power granted is for the purpose of selling the car. Once the document is drafted, it needs to be signed and sealed by both parties in the presence of the notary. Additional supporting documents, including copies of the principal's and attorney's identification documents, vehicle registration documents, and any other necessary paperwork, may also be required. After the Power of Attorney is legalized, the attorney can proceed with all the necessary actions to sell the car on behalf of the principal. They will represent the principal in dealing with potential buyers, negotiating the sale price, and completing the transfer of ownership with the relevant authorities, such as the Road and Transport Authority (RTA) in the UAE. In summary, the Power of Attorney to Sell Car in the UAE is a legal instrument that authorizes an attorney to act on behalf of the principal in selling a car within the UAE. It provides a practical solution for individuals who are unable to physically be present during the car sale process. The two main types of the Power of Attorney are the General Power of Attorney and the Specific Power of Attorney, each offering different levels of authorization.
Power Of Attorney To Sell Car In Uae
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How to fill out Power Of Attorney To Sell Car In Uae?
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What are the documents required for a POA in UAE? Copy of trade license. Memorandum and articles of association. Passport copies of the shareholders. Emirates IDs of the shareholders.
What documents do I need to sell my car in the UAE? You need to have an original Emirate ID, valid car insurance, UAE driving license, a car testing certificate and a copy of a passport. Also, clear all the fines and payments before advertising it.
You can sign on the final original POA before a notary public in any emirate if you are within UAE. Upon signing, the notary will stamp the POA and register it in his/her records. If you are outside of UAE, then you can sign the POA before a notary public in your own country.
So, if you are issuing a POA in UAE to use in India, you neither have to notarize it in local Courts (i.e. Notary Public) nor attest it at Ministry of Foreign Affairs (MOFA). You can get everything done at the IVS Global office. Original and photocopy of the POA to be signed and attested.
A vehicle POA in UAE can be used to buy and sell a vehicle, import, and export a vehicle, register a vehicle, re-new registration of a vehicle, obtain a number plate for a vehicle. Vehicle POA is typically used by expats leaving the UAE requesting their friends to deal with and sell the vehicle on their behalf.