Fillable GENERAL POWER OF ATTORNEY (Law for All)

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GENERAL POWER OF ATTORNEY (Law for All)

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GENERAL POWER OF ATTORNEY
(the address acts as the domicilium citandi et executandi)
(the address acts as the domicilium citandi et executandi)
PRINCIPAL
AGENT
Name & Surname:
Name & Surname:
ID Number:
ID Number:
Email:
Email:
Cellphone Number:
Cellphone Number:
Address:
Address:
2. APPOINTMENT
3. EXTENT OF AUTHORITY
The Principal appoints the Agent as his/her representative to manage and transact in his/her legal and business affairs
in the Republic of South Africa. The Principal gives the Agent full power and authority to act on his/her behalf, in his/her
name, for his/her account and benefi t.
1. Immovable Property: To manage, let and maintain the Principal’s immovable property.
2. Business Matters: To manage the Principal’s business affairs, investments, securities and movable property; and
make necessary payments relating to any of the aforementioned.
3. Legal Disputes: To demand, litigate and recover, and give discharges for all monies, securities for all sums of
money, debts, stocks, shares and property of the Principal.
4. Legal Proceedings: To start, continue or defend any legal proceedings relating to the Principal’s property or
affairs. To settle, compromise or submit to arbitration all accounts, claims and disputes between the Principal and
any other party.
The Principal grants the Agent the following powers and authority:
5. Shares: To accept the transfer of any stocks, shares, funds, annuities and other securities, which are transferable
to the Principal, whether solely or jointly with any other party.
6. Investments: To invest any of the Principal’s money in any manner, rate of interest, and upon such securities
necessary. The Agent may change the investments and pending any such investment, deposit the money or any
part thereof with a bank, building society or other institution lawfully authorised to accept money on deposit.
7. Income: To receive dividends, interest and income arising from any stocks, shares or property that belongs to the
Principal, whether solely or jointly with any other party.
10. Third Parties: The Agent may agree to perform any of the above actions in conjunction with any other party that
has an interest therein.
9. Bank Accounts: To operate a banking account in the name, or in the joint names of the Principal and another
person, open and operate a new banking account (including an overdraft or credit facility), draw, sign, endorse, and
negotiate cheques, bills of exchange, dividends and interest and pledge security for the payment of an account.
8. Agreements & Suretyships: To give effect and perform in terms of all agreements entered into by the Principal.
Initials
Initials
4. RATIFICATION & SIGNATURE
The Principal hereby agrees to ratify all actions taken by the Agent under this Power of Attorney.
Signed at on of 20 .
Signed at on of 20 .
The Principal:
The Agent:
Witnesses:
Witnesses:
Witness 1
Witness 1
Witness 2
Witness 2
DISCLAIMER
Place
Signed at on of 20 .
Place
Signed at on of 20 .
Place
Signed at on of 20 .
Place
Signed at on of 20 .
Month
Signed at on of 20 .
Month
Signed at on of 20 .
Month
Signed at on of 20 .
Month
Signed at on of 20 .
Day
Signed at on of 20 .
Day
Signed at on of 20 .
Day
Signed at on of 20 .
Day
Signed at on of 20 .
Year
Signed at on of 20 .
Year
Signed at on of 20 .
Year
Signed at on of 20 .
Year
Signed at on of 20 .
LAW FOR ALL cares about the legal rights of South Africans and have made it our goal to make the law affordable and accessible to all. This contract
template has been designed with you and protection of your rights in mind. Although we have taken every care to ensure that this document is accurate and
up to date with the law, it is important to remember that our law is constantly evolving and changing. We therefore cannot guarantee that the information is
without any errors or omissions. Our goal is to make the law affordable and accessible to all South Africans, and we’ve made this contract template available
to help you. LAW FOR ALL and its employees will under no circumstances accept liability for the consequences resulting from the use this template. We
believe that it’s important to always discuss legal matters with an attorney before making a decision or signing a document.
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Completed 28 July 2020

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