Page 458 - Important Provisions of The New Civil Code

Article 1878. Special powers of attorney are

necessary in the following cases:

(1) To make such payments as are not

usually considered as acts of administration;

(2) To effect novations which put an end to

obligations already in existence at the time

the agency was constituted;

(3) To compromise, to submit questions to

arbitration, to renounce the right to appeal

from a judgment, to waive objections to the

venue of an action or to abandon a

prescription already acquired;

(4) To waive any obligation gratuitously;

(5) To enter into any contract by which the

ownership of an immovable is transmitted or

acquired either gratuitously or for a valuable

consideration;