Special Power Of Attorney For Closing Real Estate Transaction Form printable pdf download

Special Power Of Attorney For Closing Real Estate Transaction Form

Prepared by, recording requested by and

return to:

Name:

Company:

Address:

City:

State:

Zip:

Phone:

Fax:

----------------------Above this Line for Official Use Only---------------------

NOTICE

THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU

DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE YOUR

PROPERTY, WHICH MAY INCLUDE POWERS TO SELL OR OTHERWISE

DISPOSE OF ANY REAL OR PERSONAL PROPERTY WITHOUT ADVANCE

NOTICE TO YOU OR APPROVAL BY YOU.

THIS POWER OF ATTORNEY DOES NOT IMPOSE A DUTY ON YOUR AGENT

TO EXERCISE GRANTED POWERS, BUT WHEN POWERS ARE EXERCISED,

YOUR AGENT MUST USE DUE CARE TO ACT FOR YOUR BENEFIT AND IN

ACCORDANCE WITH THIS POWER OF ATTORNEY.

YOUR AGENT MAY EXERCISE THE POWERS GIVEN HERE THROUGHOUT

YOUR LIFETIME, EVEN AFTER YOU BECOME INCAPACITATED, UNLESS YOU

EXPRESSLY LIMIT THE DURATION OF THESE POWERS OR YOU REVOKE

THESE POWERS OR A COURT ACTING ON YOUR BEHALF TERMINATES

YOUR AGENT'S AUTHORITY.

YOUR AGENT MUST KEEP YOUR FUNDS SEPARATE FROM YOUR AGENT'S

FUNDS.

A COURT CAN TAKE AWAY THE POWERS OF YOUR AGENT IF IT FINDS

YOUR AGENT IS NOT ACTING PROPERLY.

THE POWERS AND DUTIES OF AN AGENT UNDER A POWER OF ATTORNEY

ARE EXPLAINED MORE FULLY IN 20 PA.C.S. CH. 56.

IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT

UNDERSTAND, YOU SHOULD ASK A LAWYER OF YOUR OWN CHOOSING TO

EXPLAIN IT TO YOU.

Special Power Of Attorney For Closing Real Estate Transaction Form