Document background
The Authorization Letter For Transfer of Ownership is a crucial legal instrument under German law used when an individual or entity needs to delegate the authority to transfer ownership of property or assets to another party. This document is particularly relevant in situations where the owner cannot personally execute the transfer, requiring a trusted representative to act on their behalf. The letter must conform to the requirements of the German Civil Code (BGB), potentially requiring notarization, especially for real estate transfers. It typically includes comprehensive details about the parties involved, specific powers granted, property description, and duration of authority. This document is commonly used in both personal and business contexts, serving as a legal basis for property transactions conducted through representatives.
