I have just been offered a supposedly irrevocable POA by a lawyer to have the exclusive right as agent to market and sell a property for one of her clients. The very last clause in the POA says "Surat Kuasa ini diberikan dengan hak substitusi" and in English "This Power of Attorney is given with the right of Substitution". When I asked what this meant I was told it was an essential because there was no such thing as 'irrevocable' POA under Indonesian law.
Call me an old cynic, but sounds fishy to me. Anybody come across this or maybe knows what it means?
Thanks guys.
Call me an old cynic, but sounds fishy to me. Anybody come across this or maybe knows what it means?
Thanks guys.