This type of deed warrants that the undersigned who is the attorney in fact for the grantor, has the authority to convey the named property. The form is available in both word and word perfect formats.
Alabama Deed Signed By Power of Attorney
Category:
State:
Alabama
Control #:
AL-005-14-CP
Format:
Word;
Rich Text
Instant download
Description Deed Signed By Power Of Attorney
Free preview How To Sign Poa
How to fill out How To Sign As Power Of Attorney?
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Power Of Attorney Alabama FAQ
A power of attorney agent is not barred by law to sell the property unto himself by following proper procedures. He is selling the property on behalf of his principal in the capacity of his agent/representative and buying it as a buyer.In his absence or at his option, the POA can act.
Your name, address, and signature as the principal. The name, address, and signature of your Agent. The activities and properties under the Agent's authority. The start and termination dates of the Agent's powers. Any compensation you will give to the Agent.
Find the most recent deed to the property. Create the new deed. Sign and notarize the deed. Record the signed, notarized original deed with the Office of the Judge of Probate.
Draft a list of special powers. Decide what powers are springing. Pick an agent and a successor agent. Note the expiration date. Compile the information into one document. Execute the power of attorney letter.
Perhaps the most important duty you have as an attorney is the duty to act in the best interests of the donor. Therefore, any gifts or payments you make on the donor's behalf must be in line with their best interests.Attorneys can even make payments to themselves.
An agent cannot:Make decisions on behalf of the principal after their death.However, unless the principal named a co-agent or alternate agent in the same POA document or is still competent to appoint someone else to act on their behalf, an agent cannot choose who takes over their duties.
The signature line on the deed should clearly state that the attorney/agent is signing under a power of attorney authorized by the principal. For example, the signature line should read: "_____, as duly authorized attorney in fact for the Grantor." Additionally, the deed will need to be notarized by a public notary.
The Power of Attorney is able to do anything which is authorized in the document. 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.
A power of attorney enables an agent (also called the attorney-in-fact) to conduct transactions on another person's behalf.If so, a spouse, relative or friend with POA can sign a deed or other real estate documents.