Power of Attorney in Greece

A power of attorney in Greece allows a person to represent. A power of attorney in Greece is based on the will of the person who is represented so that the attorney can perform legal transactions on behalf of the grantor. The person who receives a power of attorney does not have to give their acceptance, since the power of attorney in Greece can be granted by unilateral agreement. It is important though that the grantor has legal capacity to perform legal transactions in Greece. A power of attorney is usually necessary for speeding up the transactions with the representatives when the grantor cannot be present.

 A power of attorney in Greece can be one of the two categories of either general or special POA in Greece. The general power of attorney in Greece refers to any types of legal transactions that the grantee can perform on behalf of the grantor, while a special power of attorney in Greece is called like this because it only give limited power and entitles the attorney to perform a specific type of activity. 

It is however true that a power of attorney in Greece is rather dangerous since it give the power to the grantee to act in any way. This is why the grantor must carefully choose a person who is worth of trust and can make decisions that will not harm the grantor. 

A power of attorney in Greece is usually unlimited when it comes to the period of validity. However, if the grantor desires, the time of validity can be mentioned in the power of attorney. Unless stated differently, the power of attorney in Greece can be revoked by a declaration or can be interrupted by the discontinuance in the relationship between the grantor and the grantee. If the power of attorney in Greece is given by notarial deed, the revocation must be performed the same way. After the death of the grantor, if his will states that the power of attorney may continue, it is considered that the attorney is empowered by the grantor’s heirs. Otherwise, the power of attorney in Greece ends with the death of the grantor or the grantee.

Powers of attorney in Greece are usually issued for several purposes, such as acceptance of inheritance, taxation responsibilities, legal representation, sale of property, management of property, receipt of pension or purchase of assets. 

BridgeWest offers company incorporation in Greece and additional services such as a local virtual office and accounting services.