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

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

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a real estate power of attorney is a document that an individual can use to designate another person or entity known as an attorney in fact as the legal authority of their real estate property in their absence this type of power of attorney is utilized when an individual becomes rendered incapable of managing these needs for their property in this video we'll cover why you might need this type of power of attorney and a few things to consider before signing so first what can someone do with a real estate power of attorney a real estate power of attorney can give the attorney in fact umbrella authority over the property or it can give them selective authority over a particular issue or issues this can include property management property acquisition mortgages and refinancing property conveyance or property sales there are a few important things to consider when creating a real estate power of attorney first determine whether the power of attorney will abide by a set term or last

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