Mirror of Justice - All about Law and More
*Home>>>Estates Law

I need some help about Limited power of attorney real estate?


I need some help about Limited power of attorney real estate?

I am buying a house with my fiance and we will need to close together. However I am unable to close with him at the time, so I am wondering about a limited power of attorney form, and If I can buy one or get more information on this?

I need them to complete the transaction for me! Is this possible, based on this website linked below, I need to have the closing done this way.(http://www.kaktus.com/real-estate-forms/...

http://www.kaktus.com/real-estate-forms/...

What you need is a special power of attorney limited to the real estate and mortgage loan transactions. The power of attorney will be recorded along with the mortgage in the land records of the county where the real estate is located.

Although there are numerous power of attorney forms on the internet, I would recommend that you have the assistance of an attorney in preparing one.

The Vermont Bar Assn has a form that could probably be tailored for your needs: http://www.vtbar.org/Upload%20Files/WebP...

I've done this a few times and although I am a lawyer, I have never gotten one of my power of attorney documents past the title company. So, if you've found the house, find a title company and ask them for the form they'd like you to use. There's nothing worse than presenting a perfectly valid attorney-drafted power of attorney to be told by a non-attorney closing officer that it is not good enough.

Tags
  Insurance Law   Immigration Law   Health Care Law   General Civil Litigation   Family Law   Estates Law   Environmental Law   Entertainment Law   Employment Law   Elder Law   Education Law
Related information
  • What is the corrective action when an Illinois estate heir was looked over on when estate was being divided?

    Obviously, the first step is to get competent Illinois legal advice; second is to file as quickly as possible to get restraints on the dispersal of assets - then you can slow down and get the readj...

  • Is it legal for an executor of an estate to do this?

    In what state is probate occurring? EDITED BASED ON ADDITIONAL INFORMATION: By the way, the entire probate code can be found here: ...

  • In Pennsylvania, what are the consequences if an estate executor commits fraud/questionable behavior?

    A personal representative, whether an executor of a will or a trustee of an estate, may be removed for failing to meet the responsibilities of the position. While different states outline varying e...

  • How much does the Guardian of an elderly person and estate charge?

    It is usually prescribed by law and is a percentage of the estate. It should be the same from one atty. to the next.

    ...
  • What expenses can I bill to the estate as trustee and executor?

    You should check with the Probate Court to see what is permissible. It would seem that your travel expenses to take care of your father's business would be paid (at least in part). However, ...

  • Can I have an estate auditted?

    wow this seems to be a whole can of worms..........is your mum aware of this stuff happening and if so whats her response? IF you truly feel that your mother just might be doing this under dures...

  • Can a California real estate broker get a commission for selling to another broker?

    They sure can.

    ...
  • Help with Lawyers!!?

    Ok. You already have a judgement. so Small Claims won't help. Not paying a judgement in a civil matter usually has the consequence of a negative item on a credit report. If the BAR associa...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster