Power of Attorney for Transfer of Real Estate is a legal document that allows one person, known as the “principal,” to give another person, known as the “agent,” the authority to manage the transfer of real estate on the principal’s behalf. The agent is given the authority to sign documents, make decisions, and perform other tasks related to the transfer of the real estate. The principal must provide the agent with a signed and notarized power of attorney document that outlines the scope of the agent’s authority. There are two types of Power of Attorney for Transfer of Real Estate: general and limited. A general power of attorney gives the agent broad powers to manage the transfer of the principal’s real estate. A limited power of attorney gives the agent more limited powers and specifies the exact tasks the agent is authorized to perform.
Power of Attorney for Transfer of Real Estate is a legal document that allows one person, known as the “principal,” to give another person, known as the “agent,” the authority to manage the transfer of real estate on the principal’s behalf. The agent is given the authority to sign documents, make decisions, and perform other tasks related to the transfer of the real estate. The principal must provide the agent with a signed and notarized power of attorney document that outlines the scope of the agent’s authority. There are two types of Power of Attorney for Transfer of Real Estate: general and limited. A general power of attorney gives the agent broad powers to manage the transfer of the principal’s real estate. A limited power of attorney gives the agent more limited powers and specifies the exact tasks the agent is authorized to perform.