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A Non-Durable Limited Power of Attorney for real estate transactions is an important legal document that is specially designed to allow you to appoint an Agent, or "attorney-in-fact" to sell or buy real property for you.
The powers you grant in this Non-Durable Specific Power of Attorney CEASE to be effective should you become disabled or incompetent.
The Special Limited Power of Attorney for real estate transactions includes the right to execute, receive and acknowledge any and all documents, instruments, warranties, quit claims, and deeds necessary to complete conveyance of the property, including but not limited to contracts, addenda, releases, checks, mortgages, commitment letters, warranties, affidavits, statements.
You further grant to your Agent full power to pay/to receive/ to release, to accept any funds for the said purchase and for the execution of any necessary documents in connection therewith.
You may grant to your Agent the right to insure the property against casualty, liability of loss; to gain possession of the property.
We provide you with two separate forms:
- a Power of Attorney for a person appointing an agent to sell a real estate; and
- a Power of Attorney for a buyer appointing his agent to complete the purchase.
Each form in tailored to meet your state’s requirements and contains state-specific notary acknowledgments and Agent acknowledgment parts, as well as references to the state law.
You must contact your County Clerk’s office and register this specific power of attorney. When you file this power of attorney in the County Clerk's office, the Power of Attorney becomes a public record open to inspection by the public. A writing that revokes a filed Power of Attorney should also be filed in the County Clerk's office.
After you file a Power of Attorney in the County Clerk's office, you will be able to get additional "certified" copies from the County Clerk for a small fee. A certified copy is legally equivalent to the original document.
If you wish to change your power of attorney, you must complete a new document and revoke this one. You may revoke this document at any time by destroying it, by directing another person to destroy it in your presence or by signing a written revocation of the present document. If you revoke this document, you should notify your Agent and any other person to whom you have given a copy of the form.
Please note that any third party who receives a copy of your Power of attorney document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party learns of the revocation. You agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney.
Your Attorney-in-Fact shall be entitled for reimbursement of all reasonable expenses incurred as a result of carrying out any provisions of your power of attorney.
If there is anything about this form that you do not understand, you should ask a lawyer to explain it to you.
To better understand the power of attorney related issues, our legal articles, an information and frequently asked questions may be of
interest to you.
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Different types of powers of attorney
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Zuckerman Law: Comey's Testimony Underscores Need for Strong Whistleblower Protections
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As Deputy Attorney General during the George W. Bush Administration, Mr. Comey refused to sign an extension of the warrantless domestic spying program and defied the White House Counsel and Chief of Staff. ... But now that we know about the President's ...
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Daily Reads: 196 Dem Lawmakers File Emoluments Suit; Trump Says GOP Health Bill Is “Mean, Mean, Mean”
BillMoyers.com
Meanwhile, an investigation by USA Today's Nick Penzenstadler, Steve Reilly and John Kelly found that, “since President Trump won the Republican nomination, the majority of his companies' real estate sales are to secretive shell companies that obscure ...
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Company Insider Struggles With Student Loan Debtors' Misery
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She'd signed and notarized a form giving CAP power of attorney to deal with her loan servicer. She'd paid $198 in monthly dues, ... When real estate boomed during the early 2000s, Greenberg became a mortgage broker. After the bust, he got a job at a ...
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Will Texas lawmakers ax tree ordinances in more than 50 cities?
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They were oak trees — they were never going to die,” said Beatty, a real estate agent.“I think it's horrific that they can do that." ... Donna Campbell, R-New Braunfels, has asked Attorney General Ken Paxton to issue an opinion on the ...
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$13 Million Synagogue Sale Threatened by Power Struggle of Biblical Proportions
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New York not-for-profit law requires that transactions of real estate owned by religious corporations meet two tests, according to attorney Frank Carone of Abrams Fensterman, who is representing the plaintiffs of the latest suit. “Is the transaction or ...
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Monday Morning Cup of Coffee: Inside the battle brewing over Zillow's "Instant Offers"
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In its case, Ocwen asked for the DOJ be allowed to contribute to its case against the CFPB so the court can “consider fully the Attorney General's conclusion that the CFPB is unconstitutionally structured.” According to the Seeking Alpha note, the ...
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Italy: The Power Of Attorney For The Acquisition Or Selling Of Real Estate Assets
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It is extremely useful to turn to the power of attorney for acquiring/selling real estate assets, a process in which an impediment for one of the two parties can occur, and if you do not want to miss the signing of the contract; but it is also useful ...
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Thanks for the quick service! I am very impressed with the speed and
quality of your products and service. My husband is stationed in San
Antonio, TX and I am trying to move us from NC to TX by myself- this
power of attorney helped tremendously with so little complication!
Thanks again!
Kimberly S., TX
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Thank you so much. I appreciate your service and will continue to do business.
Didi S, NC
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George A., NY
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Thank you for your service, you just earned a customer for life.
Ms. Dove, OR
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