Power of attorney what does a realtor need to know about form
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----------------------Above this Line for Official Use Only--------------------- SPECIAL POWER OF ATTORNEY FOR CLOSING REAL ESTATE TRANSACTION (Agent for Seller) STATE OF MISSOURICOUNTY OF ___________________________ DATE ___________________________KNOW ALL MEN BY THESE PRESENT, THAT I ___________________________,whose address is ___________________________ , ___________________________
(City), ______________________ (State), _________ (Zip), desiring to execute a
SPECIAL POWER OF ATTORNEY, hereby appoint, ___________________________,
of ___________________________ County, Missouri, as my Attorney-in-Fact to act as
follows, GRANTING unto my Attorney-in-Fact full power to:
To do all things necessary to close on the sale of the property described below,
commonly known as ___________________________________________
(address), with full power and authority for me and in my name to execute any
and all documents necessary to effect the sale, conveyance and settlement on said
property to any person or persons of his choosing, including but not limited to,
deeds, checks, receipts, releases, warranties, affidavits, contracts, addenda,
settlement statements, loan commitments and disclosure statements, truth-in-
lending statements, all forms of commercial papers, endorsements to checks, or
the like, and any such other instrument or instruments in writing of whatever kind,
character and nature as may be necessary to complete the sale, financing
arrangements, and the settlement process. FURTHER GRANTING full power
and authority to collect and receive any funds or proceeds of said sale in any
manner which, in his sole discretion, he sees fit.
The legal description of the property is as follows, to-wit:[INSERT DESCRIPTION OR ATTACH EXHIBIT]
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.All acts done by means of this power shall be done in my name, and all instruments and
documents executed by my Attorney hereunder shall contain my name, followed by that
of my attorney and the description "Attorney-in-Fact", excepting however any situation
where local practice differs from the procedure set forth herein, in that event local
practice may be followed. This SPECIAL POWER OF ATTORNEY shall be valid and
may be relied upon by any third parties until such time as any revocation is recorded in
the recorder's office of the county where the land is located.DATED this the ________ day of ___________________, 20____.________________________________ SignaturePrint Name: _______________________ STATE OF MISSOURICOUNTY OF ___________________________On this _________ day of _________________ in the year _________, before me, the
undersigned notary public, personally appeared ___________________________, known
to me to be the person(s) whose name(s) is/are subscribed to the within instrument and
acknowledged that he/she/they executed the same for the purposes therein contained.
In witness whereof, I hereunto set my hand and official seal. ______________________________Notary Public Print Name: ___________________ My commission expires:___________________Principal Name and AddressAttorney-in-Fact Name and AddressName:Name:Address:Address:City:City:State: Zip:State: Zip:Phone:Phone:
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A Power of Attorney (POA) is a legal document that allows one person to act on behalf of another in legal or financial matters. For realtors, understanding the Power of Attorney is crucial as it can impact property transactions, especially when the principal is unable to sign documents themselves. Knowing the implications of a POA can help realtors navigate complex situations effectively.
Realtors should be aware that there are several types of Power of Attorney, including general, durable, and limited POAs. Each type serves different purposes and has varying levels of authority. Understanding these distinctions is essential for realtors to ensure they are handling transactions correctly and legally.
airSlate SignNow provides an easy-to-use platform for realtors to create, send, and eSign Power of Attorney documents securely. This streamlines the process, ensuring that all necessary signatures are obtained efficiently. With airSlate SignNow, realtors can manage their documents with confidence, knowing they are compliant with legal standards.
airSlate SignNow offers flexible pricing plans that cater to different business needs, including options for individual realtors and larger teams. The cost-effectiveness of airSlate SignNow makes it an attractive choice for realtors looking to manage Power of Attorney documents without breaking the bank. You can choose a plan that fits your budget and requirements.
airSlate SignNow includes features such as customizable templates, secure eSigning, and document tracking, which are essential for managing Power of Attorney documents. These features help realtors streamline their workflow and ensure that all parties are kept informed throughout the signing process. This efficiency can signNowly enhance a realtor's productivity.
Yes, airSlate SignNow integrates seamlessly with various CRM systems and other business tools that realtors commonly use. This integration allows for a smoother workflow when handling Power of Attorney documents, as realtors can manage their transactions from a single platform. These integrations enhance efficiency and save time.
Using airSlate SignNow for Power of Attorney documents offers numerous benefits, including increased efficiency, reduced paperwork, and enhanced security. Realtors can easily track the status of documents and ensure timely completion of transactions. This not only improves client satisfaction but also helps realtors close deals faster.
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