8/17/2023 0 Comments Hpw to read real estate conveyance![]() Signing a deed with a power of attorney requires special care to ensure that the deed is worded correctly. ![]() The person named as agent (usually a spouse or other family member) can use the power of attorney to sign the real estate documents-including the deed-without opening a guardianship or conservatorship or otherwise obtaining court permission. In the typical situation, the principal is physically or mentally disabled and cannot sign document on his or her own behalf. Powers of attorney are often used to transfer real estate. Instead, the agent can use the power of attorney to manage the disabled principal’s affairs without court involvement. It avoids the need to open a guardianship or conservatorship with the court in order to deal with the principal’s assets. A properly drafted power of attorney allows the principal to specify in advance who will govern his affairs if he becomes disabled. ![]() Powers of attorney are used to plan for disability. This means that the agent can only take actions for benefit the principal and should generally refrain from actions that benefit the agent personally. The agent owes a fiduciary duty to the principal. Extra Steps to Ensure that the Power of Attorney is AcceptedĪ power of attorney is a legal document that authorizes one person, called an agent, to act on behalf of another person, called a principal.The Grantor’s Name in the Notary Acknowledgment.The Grantor’s Name on the Signature Line (How to Sign the Deed).The Grantor’s Name in the Vesting Paragraph.
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