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 Putting The Power Where It Belongs

Form -  Real Estate Power Of Attorney 

This Real Estate Power of Attorney Form is ideal for appointing an Agent to manage your Real Estate, without granting the broad powers that are normally included in a general power of attorney. The document must be notarized and if you include the power to do real estate transactions (buying and selling real estate) it must be filed with the relevant government office i.e. County Clerk or Deeds Office. You may be physically unable to attend to a specific matter requiring your attendance or live too far to handle the management on an ongoing basis. This real estate power of attorney still gives an Agent broad legal authority. You should adapt it to suit your needs - delete or add provisions to produce your ideal legal document.

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free power of attorney forms

Free Real Estate Power Of Attorney Form

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LIMITED POWER OF ATTORNEY

I, the undersigned

(Full legal name) ______________________________

(Identity number) ______________________________ residing at

(Address) ____________________________________

               ____________________________________

do hereby nominate and appoint

(Full legal name) ________________________________

(Identity number) ______________________________ residing at

(Address) ____________________________________

               ____________________________________

as my Attorney-In-Fact (Agent) with the power of delegation and substitution. My Agent shall have full power to be my lawful Attorney and Agent in my name, place and stead to:

1. Enter into binding contracts on my behalf for the renting or leasing of my real estate properties.

2. Collect and receive rent, cancel any lease, remove tenants and recover possession.

3. Employ real estate agents, attorneys and tenant screening companies to assist with his duties on my behalf.

4. Improve or repair any of my real estate property under his care.

5. Advertise my real estate when necessary for the purpose of securing a tenant.

6. Demand and sue for debt owed to me and settle any claim against me.

7. Attend all meetings of homeowners associations and to vote and sign documents on my behalf.

8. Open and operate an account with a financial institution to deposit payments received and with the authority to issue checks and make payments for my real estate property.

9. Adjust, settle or write-off any debts owed to me.

My Agent shall provide accurate records on a monthly basis of all transactions completed on my behalf and shall provide accounting records on a six-monthly basis.

The authority granted in this document is limited to the following properties:

PROPERTY 1:

_______________________________________________

_______________________________________________

(Give complete details i.e. Lot no, portion no, address, county, state)

PROPERTY 2:

_______________________________________________

_______________________________________________

(Give complete details i.e. Lot no, portion no, address, county, state)

 

This Power of Attorney shall remain in effect until _________________20 ___

Executed this ______ day of __________________20 ____

at ______________________________________

Signature: ________________________________

in the presence of the undersigned witnesses:

WITNESS 1: Full legal name _____________________

                      Signature _________________________

WITNESS 2: Full legal name _____________________

                      Signature _________________________

Acknowledgement

This document was acknowledged before me on this ______day of ____________________20__ by ________________________(Principal's Full legalname)

Signature of Notary Public ______________________

Full legal Name ______________________________

My commission expires ________________________

State of ________________________

County of ______________________

 

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