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Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser Minnesota Form

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Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser Minnesota Form

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Hey everybody today, we're going to talk about how a power of attorney can be used in a real estate. State transaction. I'm Tiffany Webber. I'm a closing attorney and Mooresville, North Carolina, and we see powers of attorney used in real estate transactions all the time. So you may be wondering what types there are, how they can be employed if they're even necessary. So we're going to talk about that today. The first type of a power of attorney that someone can have is called a durable power of attorney. And again, this is specific to North Carolina. So if you're in another state, talk to an attorney in your state about this, but in North Carolina, a durable power of attorney usually has broad powers that you can delegate to someone else to be able to step in and help you in times when you're not able to accomplish those tasks yourself. Um, it's not always for a bad reason. For example, you could be in a different country

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