The Chicago Illinois Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller is a legal document that grants a designated individual, known as the agent or attorney-in-fact, the authority to act on behalf of the seller in a real estate sales transaction within the Chicago Illinois area. This power of attorney is typically used when the seller is unable to be physically present during the transaction or wishes to delegate the responsibility to a trusted representative. Keywords: Chicago Illinois, special power of attorney, limited power of attorney, real estate sales transaction, seller, agent, attorney-in-fact, authority, legal document. There are multiple types of Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller in Chicago Illinois that cater to different situations and requirements. Some common types include: 1. Limited Power of Attorney for Real Estate Sales Transaction By Seller: This type of power of attorney grants the agent a limited set of powers specifically for the purpose of a real estate sales transaction. The agent may be authorized to sign the necessary documents, negotiate terms, and handle financial transactions within the defined limits. 2. Special Power of Attorney for Real Estate Sales Transaction By Seller: A special power of attorney gives the agent specific authority to act on behalf of the seller in a real estate transaction. This type may grant the agent the power to sign contracts, handle loan documents, and make important decisions related to the sale. 3. General Power of Attorney for Real Estate Sales Transaction By Seller: Unlike limited or special power of attorney, a general power of attorney provides the agent with broader authority to handle various legal and financial matters on behalf of the seller. This includes real estate sales transactions, but also extends to other aspects of the seller's affairs. It is important to note that the specifics of a Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller may vary depending on the individual circumstances and the preferences of the parties involved. It is advisable to consult with a professional, such as a real estate attorney, to ensure that the power of attorney accurately reflects the intentions and needs of the seller while adhering to the Chicago Illinois legal requirements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.