This Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller form is for a Seller to authorize an attorney-in-fact to execute all documents and do all things necessary to convey a particular parcel of real estate for Seller.
A special or limited power of attorney for real estate sales transaction by the seller is a legal document that grants a designated person, known as the agent or attorney-in-fact, the authority to act on behalf of the seller in a specific real estate sales transaction. This type of power of attorney is commonly used when the seller is unable to personally attend the closing or handle the necessary tasks related to the sale. In King County, Washington, there are different types of special or limited power of attorney for real estate sales transactions by the seller. These include: 1. Limited Power of Attorney: This type of power of attorney grants the agent specific powers and limitations stated in the document. The seller can assign the agent to perform certain tasks such as signing documents, delivering deeds, and receiving or disbursing funds related to the sale. 2. Special Power of Attorney: Similar to a limited power of attorney, a special power of attorney is also specific in nature but may grant broader powers. The seller can authorize the agent to perform various tasks related to the real estate sales transaction on their behalf. 3. Financial Power of Attorney: Although primarily used for managing financial affairs, a financial power of attorney can also be utilized for real estate sales transactions. This document grants the agent the authority to handle financial transactions related to the sale, such as receiving and disbursing funds, paying outstanding bills, and signing financial documents. 4. Durable Power of Attorney: A durable power of attorney remains in effect even if the seller becomes incapacitated or unable to make decisions. This type of power of attorney can be useful in situations where the seller may face health or personal issues during the real estate sales transaction process. When utilizing any form of power of attorney for real estate sales transactions by the seller in King County, Washington, it is crucial to consult with a qualified attorney or legal professional to ensure compliance with local laws and regulations. Additionally, all parties involved, including the buyer and the title company, must acknowledge and accept the authority granted to the agent before the document can be considered valid.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
