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A Special Power of Attorney (POA) in the UAE is a legal document that grants a designated person (the “agent” or “attorney-in-fact”) the authority to act on behalf of the principal in specific matters or transactions. Unlike a General POA, which grants broad powers, a Special POA is limited to particular tasks, ensuring that the agent’s authority is restricted to the matters outlined in the document.
A Special POA clearly defines the specific actions the agent is authorized to undertake. This could include tasks such as signing contracts, handling real estate transactions, managing bank accounts, or representing the principal in legal matters.
To be legally binding, a Special POA must be notarized by a UAE Notary Public. This process involves the principal appearing before the notary to confirm their identity and intention to grant the POA.
A Special POA can be time-bound, meaning it is only valid for a specific period, or it can be event-specific, becoming effective only upon the occurrence of a certain event or condition.
The principal has the right to revoke a Special POA at any time, provided the revocation is communicated to the agent and any third parties who may rely on the POA.