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Utah Special or Limited Power of Attorney for Real Estate Sales Transaction by Seller Form

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Utah Special or Limited Power of Attorney for Real Estate Sales Transaction by Seller Form

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so how is a power of attorney useful in the sale of a piece of real estate that you might own could be your house could be a house that you own investment property or a raw piece of land well first of all folks in the past we learned that a power of attorney is a written authorization to act on behalf of another it's an agency in other words and the person that you would appoint under this agency is called an attorney in fact and they would be considered a fiduciary somebody of high trust now when it comes to powers of attorney they typically fall into two categories one of two categories it's either a durable power of attorney which is durable and scope and durable in its power and a limited power of attorney now when it comes to a sale of a piece of property that you might own we're usually dealing with a limited power of attorney and so what you would do with the limited power is you would designate somebody to act with a limited scope of time and a limited p

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