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Mississippi Special or Limited Power of Attorney for Real Estate Sales...

Special Power Of Attorney For Deed Of Sale

Name: Mississippi Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.56 (495 reviews)

Category:

Mississippi Power of Attorney - Limited

State:

Mississippi

Control #:

MS-P099

Format:

Instant download

Description

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.

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FAQ

Remember that all of the authorized agents under the power of attorney or representatives in an estate must sign the listing agreement, disclosure documents, etc. For example, when there are two executors in an estate, then they both must sign the Listing Contract.

Name, signature, and address of the principal. Name, signature, and address of the agent. Properties and activities under the authority of the agent. Date of effect and termination of authority. Compensation to services of the agent.

The non-durable power of attorney is used only for a set period of time and usually for a particular transaction in which you grant your agent authority to act on your behalf. Once the transaction is completed, or should the principal become incapacitated during this time, the non-durable power of attorney ceases.

In many states, notarization is required by law to make the durable power of attorney valid. But even where law doesn't require it, custom usually does. A durable power of attorney that isn't notarized may not be accepted by people with whom your attorney-in-fact tries to deal.

The requirements for a valid durable power of attorney in Mississippi are: Created by an adult or emancipated minor.Signed by two adult witnesses, at least one of whom isn't related to principal OR acknowledged by a notary public. Specifically authorizes the agent to make health care decisions.

The durable power of attorney is almost always required. This instrument gives another person specific powers to sign for an individual in a real estate transaction where the exact name and description of the property is stated in the document.

General Power of Attorney. Durable Power of Attorney. Special or Limited Power of Attorney. Springing Durable Power of Attorney.

What's the difference between durable and general power of attorney? A general power of attorney ends the moment you become incapacitated.A durable power of attorney stays effective until the principle dies or until they act to revoke the power they've granted to their agent.

Special Power Of Attorney For Deed Of Sale

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FAQ

How does a power of attorney sign a real estate contract?

How do you write a power of attorney letter for a property?

Which type of power of attorney is used for specific transactions?

Is a power of attorney valid if not notarized?

Does a power of attorney have to be notarized in Mississippi?

What type of power of attorney is preferred for real estate transactions?

What are the 4 types of power of attorney?

What is the difference between a durable POA and a general POA?

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