Free Power of Attorney for Property Template
Power of Attorney for Property
Prepared by: [YOUR NAME]
This Power of Attorney for Property is created specifically for Real Estate Transactions. The document grants the designated agent the authority to act on behalf of the principal in the purchase, sale, and management of real estate, ensuring all decisions align with the principal's intentions.
II. Definitions
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Principal: The individual granting authority to the agent to act on their behalf in real estate transactions.
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Agent (or Attorney-in-Fact): The individual appointed to carry out the powers outlined in this document.
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Property: Real estate and land transactions as identified by the principal, including the sale, purchase, or leasing of properties.
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Effective Date: This document takes effect on January 15, 2050, or as specified by the principal.
II. Principal and Agent Information
Principal’s Full Legal Name:
Maria Turner
Agent’s Full Legal Name:
Jewell Ward
Principal’s Contact Information:
Philadelphia, PA 19102
222 555 7777
maria@you.mail
III. Powers Granted
The principal grants the agent the following powers related to real estate transactions:
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Purchase of Property: The agent is authorized to negotiate and finalize the purchase of properties on behalf of the principal.
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Sale of Property: The agent may list and sell properties owned by the principal.
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Leasing: The agent is allowed to lease properties owned by the principal, including entering and terminating lease agreements.
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Mortgage and Liens: The agent may execute mortgage agreements, loans, or place liens against properties as necessary.
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Real Estate Management: The agent may manage, maintain, and make decisions related to any real estate holdings.
IV. Duration of Power
This Power of Attorney will remain in effect until January 15, 2055, unless terminated earlier by the principal through written notice.
V. Limitations and Restrictions
The principal may choose to limit the powers granted to the agent, specifying the scope and duration of authority. Any restrictions must be outlined below:
Limitations:
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The agent is not permitted to transfer real estate properties to themselves or any entity they have direct control over.
VI. Governing Law
This Power of Attorney shall be governed by the laws of the state or country in which the property is located.
VII. Signatures
In witness whereof, the principal has executed this Power of Attorney for Property on this day, January 15, 2050.
Principal
Date: January 15, 2050
Agent
Date: January 15, 2050
Prepared by: [YOUR NAME]
Company Name: [YOUR COMPANY NAME]
Company Number: [YOUR COMPANY NUMBER]
Company Address: [YOUR COMPANY ADDRESS]
Email: [YOUR EMAIL]
