For example you regularly reside in ontario but you bought a holiday home in spain.
International power of attorney canada.
A specific power of attorney is set up to handle a particular transaction.
This is especially true of people who are unable to travel in order to maintain their affairs.
Power of attorney faq canada a power of attorney is a document which gives another party the legal authority to act on your behalf in order to manage your legal and financial affairs.
For example if i was living overseas and needed somebody to sell my car for me back in canada i could create a specific power of attorney that would give my representative the powers to do this but limiting the powers to this one transaction.
Normally this is the place in which the property of the donor ie person creating the power of attorney is located.
This is also known as an international power of attorney or an overseas power of attorney.
The general power of attorney is set up to allow a named person to handle all of your financial affairs.
You may need to appoint a power of attorney in spain to take care of your holiday home.