Property Sale Our With Power Of Attorney In Sacramento

State:
Multi-State
County:
Sacramento
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.

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FAQ

Your agent can be any competent adult, including a professional such as an attorney, accountant, or banker. But they may also be a family member such as a spouse, an adult child, or another relative.

YOU MAY NOT TRANSFER THE PRINCIPAL'S PROPERTY TO YOURSELF WITHOUT FULL AND ADEQUATE CONSIDERATION OR ACCEPT A GIFT OF THE PRINCIPAL'S PROPERTY UNLESS THIS POWER OF ATTORNEY SPECIFICALLY AUTHORIZES YOU TO TRANSFER PROPERTY TO YOURSELF OR ACCEPT A GIFT OF THE PRINCIPAL'S PROPERTY.

Real estate attorneys handle "real property" transactions. Real property is somewhat interchangeable with real estate — land and permanent structures that are fixed in place.

No. The main reason is that the law requires the notarized signature of your mother to sell the property. This means that as her POA you would not have the authority to sell. Plus, if she is not consenting, the county clerk legitimately cannot transfer her interests in the real estate.

If an agent is to be given the power to manage real property, including the power to sell the property to a third party, the power of attorney should contain specific authority including the words “to grant and/or convey” the property. Powers of attorney concerning real property must be acknowledged (notarized).

You can choose anyone you want as an agent for your California power of attorney, so long as that person is over the age of 18. When granting power of attorney, you are authorizing an agent to make decisions on your behalf. Often, the agent will be making those decisions when you are unable to make them on your own.

A universal agent has power of attorney. The authority to act for another person in specified or all legal or financial matters.

A universal agent has power of attorney. The authority to act for another person in specified or all legal or financial matters. single or solo agent.

More info

A Power of Attorney is an essential incapacity planning tool that lets you designate an agent to make financial decisions on your behalf. A POA gives your agent the power to manage, sell, dispose of, and leverage your real and personal property on your behalf.Our top rated real estate attorneys specialize in providing comprehensive legal representation in real estate purchase and sale transactions. The process of using a Power of Attorney in a real estate transaction begins with drafting the POA document. When you give someone a "Power of Attorney" (POA) you are giving them "agency authority:" the power to act in your name. For over 36 years, James J. Falcone has provided the highest-quality legal services to businesses and individuals who need a Sacramento real estate lawyer. In California, the four primary powers of attorney include General, Durable, Limited, and Medical. The following are just some examples of when a homeowner retains our law firm for assistance with a FSBO transaction. Owner is selling the property to a tenant. If there is language in the POA which allows the transfer of real property, the power of attorney is able to transfer the property to himself.

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Property Sale Our With Power Of Attorney In Sacramento