meghatalmazással

Meghatalmazással is a Hungarian legal term referring to a formal authorization or power of attorney. It is a unilateral legal act whereby a person, the principal (meghatalmazó), grants another person, the agent (meghatalmazott), the authority to perform specific legal actions on their behalf. The authorization must be in writing and clearly define the scope of the agent's powers.

This legal instrument is commonly used in various situations. For instance, a person may grant meghatalmazással to a lawyer to represent them in court proceedings or to handle a real estate transaction. It can also be used for financial matters, such as authorizing someone to access a bank account or manage investments. The principal can grant broad powers or very specific, limited authority.

The validity of meghatalmazással depends on its proper execution and the clarity of the granted powers. It is crucial that the principal fully understands the implications of granting such authority and trusts the designated agent. The agent is obligated to act within the boundaries of the authorization and in the best interest of the principal. Unless otherwise specified, the authorization is typically revocable by the principal at any time. The absence of a clear definition of the scope of authority can lead to disputes and legal challenges.