Power of Attorney

About this template

When to use it

A one-page form for handing one errand you cannot attend to yourself to someone else — a property transaction, papers filed or collected at a government office, a change of account or name, a vehicle transfer.

The worth of a power of attorney lies not in its length but in how narrowly the scope is written. That is why the first item on this form is Specifying the delegated matter.

Why “all powers” must never appear

Write that you delegate all powers concerning yourself and the counterparty — a bank, a government office, a supplier — will treat whatever your agent does as authorized. Saying afterwards that you never delegated that will not help: where the counterparty had reason to believe the authority existed, the effect of the act still comes back to you. Property that changes hands on the strength of a single sheet almost always starts with that one sentence.

So the sample bullet in the form reads, word for word, Never use a blanket grant such as “all powers”. Write instead: which office, which document, how many copies, for what purpose. Where money moves, add the ceiling and the account — the next bullet, “Write the limits in as well – amount, quantity, account”, is there for that.

What is in the file

• The label “Single-matter mandate · scope specified” above the title, then one gray line: “Complete it in order, from Specifying the delegated matter through Checking with the receiving office.”
• A four-cell header table — Principal · Agent · Term of mandate · Document No. — with “Kim ○○”, “Park ○○ (relationship to principal : )”, 2026-03-02 ~ 2026-03-31 and POA-2026-011.
• Three numbered items: 1. Specifying the delegated matter / 2. Term of the mandate and revocation / 3. Attachments and the registered seal.
• A Key metrics table: Matters delegated 1 · Term of mandate 30 days · Copies to submit 2 copies · Seal certificate issued Within 3 months.
• A Confirmation and approval table with “Principal (seal)” and “Agent (seal)”.

Filling order

1. The agent cell carries “(relationship to principal : )”. Many receiving offices check the relationship, and a blank there gets the form rejected.
2. 1. Specifying the delegated matter — one matter per line. Where the errands are of different kinds, it is safer to write separate mandates than to bundle them.
3. 2. Term of the mandate and revocation — start and end as calendar dates. Adding “Wording that ends the mandate automatically once its purpose is met” stops an uncollected mandate circulating afterwards.
4. 3. Attachments and the registered seal — an individual submits a seal certificate or a certificate of personal signature; a company submits the corporate seal certificate together with the certified corporate register.
5. The Key metrics table is a summary of the requirements. Change the values to whatever the receiving office demands.
6. The seal in the principal’s box must be the same seal as the one on the seal certificate. An ordinary stamp attached to a registered seal certificate is refused at the counter.

Check before you submit

• Ask the receiving office whether it has its own prescribed form. Government offices and financial institutions often accept only their own, and this sheet comes straight back.
• The receiving office also sets how recently the seal certificate must have been issued — commonly within three months, which is what the Key metrics table shows.

What the agent needs to know

• Anything done outside the written scope is an act without authority. When the counterparty asks for extra papers, do not decide alone — go back to the principal.
• Hand the outcome and every document received back without delay, recording the handover where originals were collected.

Common mistakes

• Sealing the form with the dates and the matter left blank. A blank mandate can be filled with anything.
• Revoking and telling only the agent. Unless the counterparty is told too, business may still be done as though nothing had changed.
• Treating this page as legal advice. It is not. Where the mandate touches property, borrowing or anything else hard to undo, have a qualified professional check the wording under Korean law before you seal it.