Power of Attorney for Real Estate Transactions
A Power of Attorney (POA) is the term used for an express authorization allowing someone else to act on your behalf, for a specific purpose. A POA can be as general or as specific as the person creating the authorization wants it to be. This document may allow someone to make healthcare, financial, and other decisions on their behalf. One common use for a POA is in the context of a real estate transaction. The main use of a Power of Attorney used in a real estate transaction is to allow someone to execute documents on behalf of a buyer or seller who is not present at the time of conveyance (or transfe...