This form is a Warranty Deed where the Grantor is an individual, acting through an attorney in fact authorized by a recorded power of attorney, and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee. This deed complies with all state statutory laws.
Indiana Warranty Deed - Individual Grantor, by Attorney in Fact, to Individual
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FAQ
Perhaps the most important duty you have as an attorney is the duty to act in the best interests of the donor. Therefore, any gifts or payments you make on the donor's behalf must be in line with their best interests.Attorneys can even make payments to themselves.
The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
A power of attorney enables an agent (also called the attorney-in-fact) to conduct transactions on another person's behalf.If so, a spouse, relative or friend with POA can sign a deed or other real estate documents.
No, California does not require that the Grantee sign a warranty deed. However, some states and counties require that the deed be signed by the Grantee in addition to the Grantor.
The Power of Attorney is able to do anything which is authorized in the document. If there is language in the POA which allows the transfer of real property, the power of attorney is able to transfer the property to himself.
A power of attorney agent is not barred by law to sell the property unto himself by following proper procedures. He is selling the property on behalf of his principal in the capacity of his agent/representative and buying it as a buyer.In his absence or at his option, the POA can act.
An agent cannot:Make decisions on behalf of the principal after their death.However, unless the principal named a co-agent or alternate agent in the same POA document or is still competent to appoint someone else to act on their behalf, an agent cannot choose who takes over their duties.
The person represented usually designates someone as their attorney-in-fact by assigning power of attorney. An attorney-in-fact is not necessarily a lawyer. In fact, attorneys-in-fact don't require any special qualifications at all. They can be a family member or close friend.
A power of attorney enables an agent (also called the attorney-in-fact) to conduct transactions on another person's behalf.If so, a spouse, relative or friend with POA can sign a deed or other real estate documents.