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

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

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so you're working on a Novation agreement and you've got all these moving Parts set up and now you're selling the property on behalf of the seller possibly using a power of attorney and you are receiving net proceeds on the transaction the question becomes often is is do you have a fiduciary responsibility to the seller as their attorney in fact I think the simple answer to that question is you very well may have a fiduciary responsibility unless you have set reasonable expectations up front something in writing to outline how the transaction will be handled so think ahead a little bit guys before you just jump into a Novation headlong that these things could affect you work out the plans upfront how you're going to market sell etc for a reasonable expectation

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