A real-estate power of attorney is basically a document, which transfers the legal power of the owner of a real estate property from one party to another. That is, it gives the person to whom the authority has transferred the ability to sell, buy, or conduct business transactions on the real estate property on behalf of the actual owner. Real-estate power of attorney document is usually signed off to agents or people that have experience dealing with real estate properties.
A real estate power of attorney document is usually used when the owner of a property may be unavailable when an important transaction is likely to occur. Also, a standard real-estate power of attorney usually contains the following information.
- The full names of all the parties involved in the real-estate power of attorney arrangement.
- The full addresses of all the parties involved in the real-estate power of attorney arrangement.
- The specification assignment of attorney.
- The duration of power of attorney.
- The presence and signature of witnesses.
- Acknowledgment from the notary of a locality or state.
Creating and Signing a Real-Estate Power of Attorney
A real estate power of attorney document can be drawn up by utilizing any software that allows for the creation of a PDF file or a word document. Using pdf.co, a user can simply upload, fill, and incorporate an electronic signature onto the document using the available tools. A sample of a newly created real estate power of attorney document is shown below.
Before the document is uploaded, a user must register and verify their account. Moving forward, a user can use the options below to upload the real-estate power of attorney document.
As seen above, the options can be selected from a file, Dropbox, or URL.
From the image above, the user selects the parties that are going to be involved in signing the document.
A user can proceed to fill the form and upload other information (such as signature and pictures) using the highlighted options above. A snapshot of a signed document is shown below.
Making use of the highlighted control tools from the snapshot above, an individual may either save the document directly or include a digital signature certificate and a stamp before saving. Selecting any of the options automatically makes the document available for download as seen below.
