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General power of attorney for a car in Ukraine

General power of attorney for a car in Ukraine

As such the concept of “General power of attorney at law does not exist, there is the concept of “representative”, in which one party trusts the other party to make transactions on his behalf.

Article 239 of the Civil Code of Ukraine stipulates that the party entrusted with the transactions, i.e., a representative may at its discretion dispose of trusted his property, within the requirements of the law.

General power of attorney is a document in writing and notarized, in which one party gives permission to represent their interests to the other party.

General power of attorney is on certain terms, which are specified in the form.

The way of buying a car through a General power of attorney has its pros and cons. General power of attorney for a car in Ukraine significantly reduces the cost of the buyer of the machine. However, the General power of attorney for a car in Ukraine, which stipulates the right to use and dispose of the vehicle, does not give the right of ownership, i.e., the new owner can take legal action on behalf of the owner of the machine, and not on their own behalf. The actual owner remains the person who entrusted the right to dispose of property.

Therefore, a General power of attorney on the car in Ukraine is not the best and most reliable way to become the owner of the machine.