⚖️ POWER OF ATTORNEY IS NOT OWNERSHIP!
Many people assume that once they hold a Power of Attorney (POA), they automatically become the owner of the property. Legally, that is not correct.
A Power of Attorney is simply a legal document that authorizes one person (the Donee/Attorney) to act on behalf of another person (the Donor/Principal). It grants authority to act, manage, sell, lease, or perform specified transactions, but it does not by itself transfer ownership of the property.
In law, a Power of Attorney creates an agency relationship. The donor remains the owner unless ownership is transferred through the proper legal instruments recognized by law.
🔍 Example:
If someone gives you a Power of Attorney over their land, you may have authority to manage or even sell the land if the document permits. However, that authority alone does not make you the owner of the land.
⚠️ Before buying, selling, or investing in any property based solely on a Power of Attorney, seek proper legal advice and verify the title documents.
📚 Authority:
Chime v. Chime (2001) 3 NWLR (Pt. 701) 527.
Know your rights. Know the law.
Ask you questions in the comment section.
I am B.I AZUBUIKE Esq.
