Power of Attorney Costa Rica

If you are purchasing property or conducting business in Costa Rica, you may need to grant someone else the authority to act on your behalf. This can be accomplished through a document known as a special power of attorney. Here’s what you need to know about special power of attorneys in Costa Rica. What is a Special Power of Attorney? A special power of attorney is a legal document that grants someone else the authority to act on your behalf in a specific matter or transaction. The person who grants the power is known as the principal, while the person who receives the power is known as the agent or attorney-in-fact. In Costa Rica, a special power of attorney can be granted for a wide range of purposes, including purchasing property, selling property, managing business affairs, and signing legal documents. How to Grant a Special Power of Attorney in Costa Rica To grant a special power of attorney in Costa Rica, you will need to follow these steps:

1. Choose an Agent: Select someone you trust to act as your agent. This person should be familiar with the matter or transaction for which the power is being granted.
2. Draft the Document: Work with a Costa Rican attorney to draft the special power of attorney document. The document should include specific details about the matter or transaction for which the power is being granted, as well as the scope of the agent’s authority.
3. Sign and Execute the Document: The principal must sign and execute the special power of attorney document in the presence of a Costa Rican notary public. The notary public will verify the identity of the principal and the agent and ensure that the document is executed properly.
4. File the Document: The special power of attorney document should be filed with the Registro Nacional, the national registry of Costa Rica. This will ensure that the document is recognized as legally binding.

It’s important to note that a special power of attorney can be revoked at any time by the principal. Additionally, the agent’s authority is limited to the specific matter or transaction for which the power was granted. In summary, a special power of attorney can be a useful tool for granting someone else the authority to act on your behalf in Costa Rica. Work with a Costa Rican attorney to ensure that the document is drafted and executed properly and that the agent’s authority is limited to the specific matter or transaction for which the power was granted.