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Special Or Limited Power Of Attorney For Real Estate Purchase Transaction By Purchaser (Generic) POA 404 - Legal Forms
| Special Or Limited Power Of Attorney For Real Estate Purchase Transaction By Purchaser (Generic) Form. This is a Legal Forms form and can be used in General Power Of Attorney . |
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SPECIAL OR LIMITED POWER OF ATTORNEY FOR REAL ESTATE PURCHASE TRANSACTION BY PURCHASER (Agent for Purchaser) KNOW ALL PERSONS BY THESE PRESENTS THAT: I, (the "Principal") (Name and address of principal) do hereby appoint (Insert the name of Agent) (Address of agent), as my Attorney-in-Fact(Agent) to act for me and in my name, place and stead, giving and granting unto my said Agent full power and authority to purchase, buy, acquire, the following described real estate in County. Legal Description of property SPECIAL INSTRUCTIONS: (Specify the powers granted and restricted to your agent in the following mentioned lines: The Limited Power of Attorney shall include the right to manage the principal's real estate property; purchase, sell, convey and mortgage realty for prices and on terms as considered prudent; foreclose mortgages and take title to property in the principal's name; and implement deeds, mortgages, releases, satisfactions and other instruments relating to realty. My agent shall deem proper, maintain, repair, tear down, alter, rebuild, improve manage, insure, move, rent, lease, sell, convey, subject to liens, mortgages, and security deeds, and in any way or manner deal with all or any part of any interest in real property. I hereby ratify and confirm all that said attorney in fact shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. My Attorney in fact shall be entitled for the reimbursement of all reasonable expenses incurred as a result of carrying out in accordance with this power of attorney. I agree that any third party who receives a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party learns of the revocation. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney. This Power Of Attorney shall become effective: NOTE: (to specify the duration of power of attorney mark the appropriate box) (1) ( ) Immediately , 20 day of and shall remain , 20 or (2) ( ) On the day of in full force and effect until the until the said real property is purchased. IT. THIS POWER OF ATTORNEY WILL TERMINATE IF YOU REVOKE THE POWER OF ATTORNEY WILL TERMINATE IF YOU BECOME DISABLED OR INCOMPETENT THIS POWER OF ATTORNEY WILL BE GOVERNED BY THE LAWS WITHOUT OF THE STATE OF REGARD FOR CONFLICTS OF LAWS PRINCIPLES. IT WAS EXECUTED IN THE STATE OF AND IS INTENDED TO BE VALID IN ALL JURISDICTIONS OF THE UNITED STATES OF AMERICA AND ALL FOREIGN NATIONS. Signed on the day of , 20 . [Signature of Principal] Name: CERTIFICATE OF ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF COUNTY OF This document was acknowledged before me on by [name of principal]. [Notary Seal, if any]: (Signature of Notarial Officer) Name: Notary Public for the State of My commission expires: ACKNOWLEDGMENT OF AGENT BY ACCEPTING OR ACTING UNDER THE APPOINTMENT, THE AGENT ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES OF AN AGENT. [Typed or Printed Name of Agent] [Signature of Agent] [Date] American LegalNet, Inc. © www.FormsWorkFlow.com
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