Special Power of Attorney to Manage Property

SPECIAL POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS:

I, principal's full name, age years old, Filipino, civil status, and residing at principal's address, do hereby name, constitute and appoint attorney-in-fact's full name, age years old, Filipino, and residing at attorney-in-fact's address, to be my true and lawful attorney-in-fact, for me and in my name, place and stead, to do and perform the following specific acts with respect to description of the property (the PROPERTY):

1. To take possession of, administer, maintain and keep the PROPERTY in good repair, and to engage and pay workers and contractors for that purpose;
2. To lease the PROPERTY, or any part of it, to tenants of their choice, for such periods, including periods of more than one year, and on such terms as they deem proper, and to sign, renew and end the Lease Contracts;
3. To collect and receive the rents, deposits and advance payments, and to issue receipts for them;
4. To pay the real property tax, the association dues, and the electricity, water and other utility bills of the PROPERTY, and to apply for, transfer or end utility connections;
5. To deal with the barangay and the city or municipal government on matters about the PROPERTY, and to apply for and receive permits, clearances, certificates and tax receipts;
6. To sign, receive and deliver all papers needed for the foregoing;
7. To render to me an accounting of all amounts received and spent how often.

This power does not include the authority to sell, mortgage or otherwise encumber the PROPERTY.

HEREBY GIVING AND GRANTING unto my said attorney-in-fact full power and authority to do and perform every act necessary to carry out the foregoing, as fully as I could do if personally present, and hereby ratifying and confirming all that my attorney-in-fact shall lawfully do by virtue of these presents.

IN WITNESS WHEREOF, I have hereunto set my hand this ____ day of ______________ 20___ at city or municipality, Philippines.

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
city or municipality ) S.S.

BEFORE ME, a Notary Public for and in city or municipality, this ____ day of ______________ 20___, personally appeared principal's full name, with ID type and number, known to me and to me known to be the same person who executed the foregoing Special Power of Attorney, and who acknowledged to me that the same is the principal's free and voluntary act and deed.

This instrument, consisting of ____ pages including this page on which the acknowledgment is written, has been signed by the principal and the instrumental witnesses on each and every page.

WITNESS MY HAND AND SEAL on the date and at the place first above written.

Doc. No. ______;
Page No. ______;
Book No. ______;
Series of 20___.