Landlord Power of Attorney
LANDLORD POWER OF ATTORNEY
This Power of Attorney document is made by [YOUR NAME], residing at [YOUR ADDRESS], known as the "Principal," on this [DATE]. In this document, I authorize my Attorney-in-Fact identified below to make decisions related to the property I own.
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Acknowledgment
I hereby designate [ATTORNEY-IN-FACT NAME], residing at [ATTORNEY-IN-FACT ADDRESS] as my Attorney-in-Fact ("Agent") to manage the actions about my property.
Scope of Authority
My agent is authorized to perform the following duties and responsibilities on my behalf:
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Property Management: To manage and oversee all aspects of the Property including but not limited to leasing, maintenance, repairs, and renovations.
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Financial Matters: To collect rent, security deposits, and other payments due in connection with the Property, and to deposit such funds into my designated account.
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Lease Agreements: To negotiate, execute, and enforce lease agreements and rental contracts with tenants, including setting rental rates and terms.
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Maintenance and Repairs: To arrange for and oversee necessary maintenance and repairs to the Property, including hiring contractors, obtaining quotes, and approving expenditures within reasonable limits.
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Legal Matters: To handle disputes, complaints, and legal matters related to the Property, including evictions, lease violations, and property damage claims.
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Improvements and Renovations: To make decisions regarding the Property's upkeep, improvements, and landscaping, including approving renovation projects and capital improvements.
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Representation: To represent me in any legal proceedings or administrative matters concerning the Property, including appearing in court or before regulatory agencies.
Effective Date and Duration
This Power of Attorney shall become effective immediately upon my signature and shall remain valid until explicitly revoked by me in writing or until termination of the agency relationship as provided herein.
[Your Name]
[Date Signed]
Agent’s Acceptance
I, [Agent's Name], hereby accept the appointment as agent under this Landlord Power of Attorney. I understand the duties and responsibilities associated with this role, and I agree to act in the best interests of the Principal and the Property. I further acknowledge that I am authorized to act within the scope of authority granted herein.
[Agent's Name]
[Date Signed]
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WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Landlord Power of Attorney in our presence on the date stated above.
Witness 1:
[Full Name of Witness 1]
[Address of Witness 1]
[Date Signed]
Witness 2:
[Full Name of Witness 2]
[Address of Witness 2]
[Date Signed]
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NOTARY ACKNOWLEDGEMENT
Signed and sealed in the presence of the undersigned witnesses:
Principal: [Your Name]
Agent/Attorney-in-Fact: [Agent's Name]
State of [State], County of [County]
On this____day of____in the year_____, before me, a Notary Public in and for said County and State, personally appeared [Your Name] and [Agent's Name], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
My Commission Expires:___________
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