Thailand Power of Attorney
I. Appointment of Agent
I, [Your Name], residing at [Your Company Address], Thailand, hereby grant full power and authority to [Agent's Full Name], residing at [Agent's Address], Thailand, as my lawful attorney-in-fact (hereinafter referred to as "Agent"), to act on my behalf and in my name to handle all matters related to real estate transactions within the jurisdiction of Thailand. This Power of Attorney shall become effective immediately upon execution and shall remain in effect until revoked by me in writing.
II. Scope of Authority
The Agent is authorized to undertake the following roles and responsibilities on my behalf:
Buying Property: The Agent is empowered to search for, negotiate, and purchase real estate properties in Thailand on my behalf. This includes but is not limited to residential, commercial, or vacant land properties.
Selling Property: The Agent is authorized to list, advertise, negotiate, and execute the sale of any real estate properties owned by me in Thailand. The Agent shall have the authority to sign all necessary documents, including contracts of sale, deeds, and other related paperwork.
Managing Property: The Agent is granted the authority to manage, maintain, and oversee any properties owned by me in Thailand. This includes collecting rent, arranging for repairs and maintenance, paying property-related expenses, and representing my interests in dealings with tenants or property managers.
Signing Documents: The Agent is permitted to sign and execute all documents necessary or incidental to the purchase, sale, or management of real estate properties in Thailand. This includes contracts, agreements, deeds, leases, mortgage documents, and any other legal instruments required for these transactions.
Legal Representation: The Agent is authorized to represent me in all legal proceedings related to real estate matters in Thailand, including but not limited to litigation, arbitration, or mediation. The Agent may engage legal counsel and take any necessary legal actions to protect my interests.
III. Limitations and Conditions
This Power of Attorney is granted subject to the following limitations and conditions:
The Agent shall exercise the powers granted herein solely for real estate transactions and related matters in Thailand.
The Agent shall act under my instructions and always in my best interests.
The Agent shall keep accurate records of all transactions and provide regular updates to me upon request.
The Agent shall not commingle my funds with their own or with those of any other person or entity.
This Power of Attorney shall not be affected by my subsequent incapacity or disability unless expressly revoked by me in writing.
IV. Revocation
I reserve the right to revoke this Power of Attorney at any time by providing written notice to the Agent. Such revocation shall be effective upon receipt by the Agent.
V. Signature Section
In witness whereof, I have hereunto set my hand and seal this [Date]
Agreed and signed by [Your Name], the Principal.
[DATE]
[AGENT'S NAME]
[DATE]
Witness Acknowledgement
We, the undersigned witnesses, hereby acknowledge that [Principal's Full Name] has signed and executed this Power of Attorney in our presence and that we have witnessed the same being done at [Location], Thailand, on the date mentioned above.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE]
Notary Acknowledgement
State of Thailand,
Province of [Province]
On this day of , 20, before me, a Notary Public in and for the above-mentioned jurisdiction, personally appeared [Principal's Full Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he/she executed the same for the purposes therein contained.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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