Free Real Estate Power of Attorney Form
Want someone to buy or sell property for you? Our free real estate power of attorney form allows others to act on your behalf so you can close deals without even being there.
What You Should Know Before Using Our Power of Attorney for Real Estate Form
With a real estate power of attorney document, you can grant someone the power to carry out real estate transactions on your behalf. In short, the person is able to buy or sell real estate in your name so you won't even have to be present in person.
In this case, the person granting this power is the "principal" and someone who's given the power to act as a legal representative is the "agent" or "attorney-in-fact". This label is misleading at times since the representative doesn't have to be a real estate agent or attorney in the first place.
Yes, this is some potent stuff - which is why most real estate powers of attorney are limited (also known as specific or special) in nature. To protect your interests, our form below will also restrict the powers granted to a single piece of real estate. And if you ever have second thoughts, you can undo this document anytime with our Revocation of Power of Attorney Form.
We also recommend that you fine-tune the extent of authority granted by editing our free power of attorney for real estate form - Are you selling real estate? Then delete "OPTION 2" from the form. If you intend to buy real estate, then just remove "OPTION 1".
It's certainly less romantic, but just like a wedding you'll need an authorized witness (notary public) for your real estate power of attorney. Getting your form notarized is a must and not much of a hassle - You can find a notary public in most banks, post offices and county clerk offices.
*Make sure this form complies with your local real estate laws before using it. If you have any doubts, you can ask a real estate lawyer online.
Limited Real Estate Power of Attorney
I, _________________________ (Principal) of address
___________________________________________________________________________ do hereby make and appoint _________________________ (Agent) of address
___________________________________________________________________________ as my Attorney-in-Fact in my name, place and stead, with the full power to:
OPTION 1 - FOR SELLING A REAL PROPERTY
Sell, transfer and convey the following described real property:
Property Address:
___________________________________________________________________________
Legal Description:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
My Agent is authorized to agree and accept all terms and conditions that he/she deems proper and appropriate for such transaction.
This limited power of attorney shall include the right to complete and execute any and all documents, instruments, warranties, releases or deeds necessary for such transaction and to do all other things required to complete such transaction, including retaining lawyers, accountants or brokers, and collecting the proceeds from any such sale.
OPTION 2 - FOR BUYING A REAL PROPERTY
Purchase, transfer and convey the following described real property:
Property Address:
___________________________________________________________________________
Legal Description:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
My Agent is authorized to agree and accept all terms and conditions that he/she deems proper and appropriate for such transaction.
This limited power of attorney shall include the right to complete and execute any and all documents, instruments, warranties, releases, mortgages, applications or deeds necessary for such transaction and to do all other things required to complete such transaction, including retaining lawyers, accountants or brokers, applying for and obtaining necessary loans, arranging for investigations, searches and inspections of the property and paying funds for such purchase.
This real estate power of attorney shall become effective immediately upon the execution of this document and shall remain in full force and effect until _______________.
This power of attorney is nondurable and shall be revoked immediately upon the subsequent incapacity or disability of the Principal.
EXECUTED this day of _______________, 20__.
Principal Name: _________________________
Principal Signature: _________________________
STATE OF _________________________
COUNTY OF _________________________
On this day, personally appeared before me, _________________________, to me known to be the person(s) described in and who executed the within instrument, and acknowledged that he/she signed the same as his/her voluntary act and deed, for the uses and purposes therein mentioned.
Witness my hand and official seal hereto affixed on this day of _______________, 20__.
Notary's Public Signature: _________________________
My commission expires _______________.
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