Real Estate: Here’s how centralizing powers of attorney will help combat dispossession

The new Register of Mandates will make it possible to “centralize” powers of attorney relating to real estate transactions and will allow professionals to verify the authenticity of the mandates presented to them. But how? Currently, when an individual presents himself as an agent at a notary’s office, for example, to carry out a real estate transaction on behalf of a principal, the notary has only one way to verify that the power of attorney presented by this person is authentic: he must call the others who issued this power of attorney…More