Power Of Attorney For Real Estate Transaction In Virginia
Description
How to fill out Alabama Special Or Limited Power Of Attorney For Real Estate Purchase Transaction By Purchaser?
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FAQ
For your POA to be valid in Virginia, it must meet certain requirements. Mental Capacity for Creating a POA. ... Notarization Requirements. ... Create the POA Using Software or an Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent.
You must sign the Power of Attorney, but you do not need witnesses to your signature. You should have your signature notarized.
A Virginia Real Estate Power of Attorney Form, usually prepared by the principal issuing it, allows a selected Agent to perform duties with regard to real property with physical proof that they are carrying out the issuing principal's wishes.
If the power of attorney is durable and might be used to handle real estate transactions, it should also be recorded with the circuit court in the county where the property is located.
File a Copy With the Land Records Office If you gave your agent the power to conduct real estate transactions, you should also file a copy of your POA in the land records office (a division of the circuit court clerk's office in Virginia) in the county where you own real estate.