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Authorizing Self-Sale and Property Ownership
The article explains that appointing someone to sell property on one's own behalf or on behalf of others does not automatically grant the agent ownership of the property. A power of attorney is a legal agency contract that authorizes the agent to perform legal acts on behalf of the principal, and it does not transfer ownership unless accompanied by a formal sales contract that adheres to registration laws for recording transactions and transferring ownership. The article also distinguishes between a power of attorney and a sales contract: the latter is a contract that transfers ownership in exchange for a price, whereas a power of attorney merely authorizes someone to perform acts without implying ownership. It affirms that having the right to sell on one's own behalf or on behalf of others through a power of attorney does not establish ownership of the property, unless it is proven that the act was carried out with the actual intention of transferring ownership. The judiciary considers the true nature of the act, the intent, and the circumstances to ensure that the transfer of ownership is legally valid and correct.
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