Fill and Sign the Using a Power of Attorney in a Real Estate Closingmoghul Law Pllc Form

Special Power of Attorney Page 1 of 3 Prepared by: After Recording, Return to: (Full Name of Party) (Company, if applicable) (Street Address) (City, State and Zip Code) SPECIAL POWER OF ATTORNEY FOR CLOSING REAL ESTATE TRANSACTION (Agent for Seller) CAUTION: THIS IS AN IMPORTANT DOCUMENT. IT GIVES THE PERSON WHOM YOU DESIGNATE (YOUR "ATTORNEY-IN-FACT") BROAD POWERS TO CLOSE ON THE SALE OF PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT UNDERSTAND, YOU SHOULD ASK A LAWYER TO EXPLAIN IT TO YOU. STATE OF ARIZONA COUNTY OF ___________________ KNOW ALL MEN BY THESE PRESENT, THAT I , (Name of Principal) whose address is , (Street Address, City, State, Zip Code) desiring to execute a SPECIAL POWER OF ATTORNEY, hereby appoint, of ,
, (name, address and title of attorney), to close on all real estate transaction, upon receipt of a written request by you, and upon payment of the agreed fee and if so requested, of the costs and charges, to be paid from cash on hand remaining at the time of completion by agent with the property to be sold. (signed) (full or last name, address and title of principal) (signature and state of the estate) here are some things you should not do when preparing this form when an agent may be retained: do not give your attorney-in-fact unlimited powers. Do not give the agent absolute power to close on the sale of the property without your approval. Do not give an agent a copy of your will unless you agree to give a copy to them. Do not give an agent an allowance for fees and charges unless you agree to it. Do not write this document by hand, unless the agent you have appointed to close on the sale of your property agrees to do so. Do not write this form in an envelope. Do not write this form with the agent's name on the back. Do not provide the agent with the signature pages of your will unless they have been previously signed by your executor or administrator. Do not permit the agent to sign any other documents unless they have been previously signed by your agent or unless you agree to them. If you do permit an agent to sign any other documents, take them in advance of the close of the sale of your property and sign them as the executor or administrator of your estate. Do not allow an agent to receive money without your consent even if they have already executed a legal document to receive money for closing on the sale of your property. Be sure to check the names of all those to be appointed to act for you. Be sure to check the names and addresses of all the other people who will be making any agreements about what they will sell your property to. Be sure to check the authority given to all the persons appointed and read them to them before the close of the sale. After you sign this form, take the copy and send it at the close of the sale, and make a copy for each of the agents you have given the authority to sell your property without your permission. Send each copy via first.