Give power of attorney on real-estate property to sell/buy the land when you are abroad
In real-estate industry, a power Of Attorney is generally given to the eligible person to take care of their assets such as buying and selling, on behalf of the landlord. The people who own power of attorney has all rights to take informed real-estate decisions. However, people who want to prepare a power of attorney template have to consult a professional and experienced real-estate agents. These people will help you out in preparing the flawless power of attorney document in a less time span. This form has to be prepared:
- When you are going abroad and will be unavailable for a few months where your signature is required
- When you are unavailable to take care of your business due to personal issues for a certain time span
- When you stay far away from your property and want others to take care of it on your behalf.
Most importantly, real-estate buying and selling process does not happen on time. So, to buy or sell a property, you need to have an alternative plan, especially when you are far away from your place, i.e. signing and giving power of attorney documents to the trusted person. This gives right to the person (acts as an attorney) to whom you gave the authority to sign and close the transactions on your behalf. These documents have to be prepared with utmost care and without any glitches. Undeniably, this document has to be shown to the landlord who owns the property. Generally, the real-estate documents have to be signed legally. So, it is important that the power of attorney document includes the perfect legal language that which allows your attorney to sign the document, which has equal power to that of your sign.
In today’s world, the real-estate power of attorney is only considered, when the document is notarized in the property records.