The Authorization Letter for Change of Ownership is a critical document in Maltese property transactions, used when transferring ownership rights of property or assets from one party to another. This document is required under Maltese law to formally authorize and initiate the transfer process, ensuring compliance with the Civil Code of Malta and related legislation. It must contain specific details about the current owner, the intended new owner, and the property being transferred, along with explicit authorization statements. The document requires notarial authentication and may need to be accompanied by supporting documentation such as property titles, identity documents, and, where applicable, corporate resolutions. It's particularly important in situations involving overseas owners, corporate entities, or complex property structures, and forms part of the official documentation required by the Public Registry of Malta.
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1. Date and Place: Current date and location where the letter is being executed
2. Authorizing Party Details: Full legal name, ID/passport number, and current address of the person giving authorization
3. Property Identification: Complete and accurate description of the property including address, registration numbers, and any unique identifiers
4. Purpose Declaration: Clear statement of the intent to authorize change of ownership
5. New Owner Details: Full legal name, ID/passport number, and address of the person/entity receiving ownership
6. Authorization Statement: Explicit authorization for the transfer of ownership and any associated powers granted
7. Declaration of Free Will: Statement confirming the authorization is given freely and without coercion
8. Execution: Signature block with space for authorizing party's signature, witness signatures, and notary authentication
1. Joint Ownership Declaration: Required when the property is jointly owned, including consent from all current owners
2. Corporate Authorization: Needed when either party is a corporate entity, including reference to board resolutions
3. Special Conditions: Any specific conditions or restrictions on the transfer of ownership
4. Power of Attorney: Required if the authorization includes power to execute documents on behalf of the authorizing party
5. Term of Authorization: If the authorization is time-limited or has an expiry date
1. Identity Documents: Copies of valid ID/passport of all parties involved
2. Property Documents: Copies of current property title, registration documents, or deeds
3. Company Documents: If applicable, company registration certificates, board resolutions, etc.
4. Property Plans: If relevant, official plans or drawings of the property
5. Previous Ownership Documents: Documents establishing current ownership rights
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