Real Estate Limited Power Of Attorney Form

Power of attorney form various applications it is always advisable to use a limited poa where possible rather than a general power of attorney.

Real estate limited power of attorney form.

A real estate power of attorney form also known as limited power of attorney is a document that allows a landlord to delegate leasing selling or managing powers to someone else. This power of attorney will not be effective unless it is notarized and signed by at least one additional witness using the form below. The california limited power of attorney form otherwise known as a specific power of attorney allows a resident of the state to designate an agent to take care of a specific financial matter on their behalf. Real estate matters can be perfectly handled with a limited real estate power of attorney form.

The form may be used in a durable manner which means that if the person that is delegating the power the principal becomes in a vegetative state incapacitated then the attorney in fact selected is still able to carry out their duties. You do not need to grant your agent the broad powers as in a general power of attorney. This is often used by homeowners or business owners when their attorney is designated to handle a real estate closing on their behalf when signing all necessary documents. Most of the time when the task for which the power of attorney was created is completed the document becomes void.

A real estate power of attorney is used to designate another individual to manage acquire mortgage refinance convey or to sell as an agent real estate broker realtor on behalf of the principal.