Power of Attorney in Hungary

This service is perfect for individuals or businesses who require a legal instrument to authorise someone to act on their behalf. It is particularly useful for those unable to handle their affairs due to absence or incapacity, or for business owners needing to delegate certain responsibilities.

The Hungarian Power of Attorney, known as "Meghatalmazás," can be classified into general and special forms:

• General Power of Attorney: Grants broad authority to manage the principal’s affairs and is valid for a maximum of 5 years
• Special Power of Attorney: Allows for specific actions beyond general administrative tasks, like handling real estate transactions or legal matters

1. Assessment and Planning: We start with an in-depth consultation to understand your specific needs and the extent of authority to be granted.
2. Drafting the Document: Our legal team drafts the Power of Attorney, ensuring compliance with Hungarian legal standards.
3. Signing and Validation: The document requires signing by the principal and, in certain cases, notarisation or other legal formalities.
4. Implementation and Guidance: We provide guidance on the lawful use of the Power of Attorney and support both the principal and the agent throughout the process.

• Expertise in Hungarian Law: Our legal team has extensive knowledge of Hungarian legal requirements for Power of Attorney documents.
• Tailored Solutions: We customise the Power of Attorney to suit your specific requirements, whether personal or business-related.
• End-to-End Support: From the initial consultation to the execution of the document, we provide comprehensive assistance.

• Customised Legal Advice: We offer advice tailored to your situation, whether you need a general or special Power of Attorney.
• Document Preparation: Professional drafting of the Power of Attorney, ensuring legal accuracy and effectiveness.
• Legal Formalities: Assistance with notarisation and other legal requirements as mandated by Hungarian law.
• Ongoing Support: Continuous support and guidance for both the principal and the agent.