What is a Power of Attorney?
A power of attorney is a legal document made by a person or company, who is called the 'principal', that allows another person/s or a company/ies, called the ‘attorney’, to do things with the principal's money, bank accounts, shares, real estate and other assets on the principal’s behalf.
A power of attorney must be registered with NSW LRS where an attorney intends to deal with the principal’s land on the principal’s behalf. NSW LRS will not register a dealing executed under power of attorney unless the power of attorney has been registered in the General Register of Deeds.
For more information see Powers of Attorney in NSW fact sheet and our guidelines on Powers of attorney
Publication Date: July 2024