Texas Real Estate Power of Attorney
Texas Real Estate Power of Attorney
I, [Your Name], residing at [Your Address], do hereby appoint, [Agent's Name], of [Agent's Address], as my attorney-in-fact to act in my place and stead for the purposes stated herein.
Purpose
The purpose of this Power of Attorney is specifically for the buying or selling of the real property located at [Real Property Address], situated in the county of [County], state of Texas.
Agent's Roles and Responsibilities
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Property Search and Evaluation: The Agent is authorized to search for suitable real estate properties based on the specifications provided by the Principal. This includes conducting evaluations of potential properties to ensure they meet the agreed-upon criteria.
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Negotiation and Offer Submission: The Agent is empowered to negotiate with sellers or their representatives on behalf of the Principal. This includes making offers, counteroffers, and accepting terms that are deemed favorable to the Principal's interests.
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Contract Execution: Upon reaching a mutually acceptable agreement, the Agent shall have the authority to execute contracts related to the purchase or sale of real estate property, including but not limited to purchase agreements, sales contracts, and any ancillary documents required for the transaction.
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Transaction Coordination: The Agent shall oversee all aspects of the real estate transaction, including coordinating inspections, appraisals, title searches, and any other necessary due diligence procedures. They are responsible for ensuring that the transaction progresses smoothly and efficiently.
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Closing Representation: The Agent is authorized to represent the Principal at the closing of the real estate transaction. This includes signing closing documents, disbursing funds, and taking any other actions necessary to finalize the transfer of ownership.
Signature
[Principal's Name]
[Date Signed]
[Agent's Name]
[Date Signed]
Witness Acknowledgement
We, the undersigned, hereby testify and affirm that the Principal has signed this Power of Attorney document in our immediate presence. To the best of our understanding, the Principal appeared to be mentally sound at the time of signing, showing no signs of mental instability, confusion, or incapacity. Also, there was no indication that the Principal was being unduly pressured, coerced, or threatened, which could have improperly influenced their decision to sign this document.
Witness 1:
[Witness 1: Full Name]
[Date Signed]
Witness 2:
[Witness 2: Full Name]
[Date Signed]
Notary Acknowledgement
State of Texas
County of [County Name]
On this [Date] day of [Day], [Year], before me, a Notary Public, personally appeared the Principal and the witnesses 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]
