Property in Turkey

  In Turkey issuing a power of attorney is very common and used for a variety of situations such as purchasing or selling a property or car, to have a lawyer or accountant represent you or other circumstances where you need or want a 3rd party to represent you. Issuing a power of attorney is easy and fast with many authorized notary offices in every city.  But what about recalling and cancelling a power of attorney? How is that done and most importantly, when should it be done? Lets take a look at this... Generally speaking only a very small fractions of all issued power of attorneys in Turkey are being recalled since they do not pose a risk to the principal. As an example you can provide your car dealer with a power of attorney, so that the car dealer can transfer the ownership of the car to your name and issue the license plates. The risk that the car dealer will abuse this power of attorney by purchasing additional cars in your name is probably very low since that would mak...