In North Carolina, this general POA gives the agent authority to handle real estate, investments, estate matters, business, and taxes. Power of Attorney form for any matter involving the ad valorem taxation of real and personal property.The document is for "all financial transactions" related to the property, which covers selling, leasing, and any management tasks of the property. A power of attorney is a document that allows someone else to act as your legal agent. Thus, a power of attorney can be used to allow a friend to sell your car. A power of attorney can grant numerous kinds of authority to an attorney-in-fact. A North Carolina real estate power of attorney is a legal document that allows an individual to delegate tasks involving real estate to a third party. One of them is designed to give the agent broad authority to act on the principal's behalf, while the other one is specific to real estate transactions. A POA grants legal authority to another person to act on behalf of the principal. A limited power of attorney for transactions involving the purchase, sale, or financing of real property or tangible personal property related to real property.