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Michigan _________________ Name typed, printed, or stamped -2- produced ________________________________ as identification. ________________________________________________ Signature of person taking acknowledgment (Notary Public) _____________________________________ ) The foregoing instrument was acknowledged before me this _____ day of ____________________, ______ by __________________________ (name of Principal), who is personally known to me or who has _ Name: ___________________________________ City: __________________________________ State: ___________________________________ State of __________________________ ) ) ss County of ______________________________________ Name: ___________________________________ City: __________________________________ State: ___________________________________ Witness Signature: __________________________________my Agent. Signed on _____________ (date), at _______________________ (city), _______________________ (state). ________________________________ Signature of Principal Witness Signature: _______________uty, failure to act in good faith and/or willful misconduct, while acting under the authority of this Power of Attorney. I may revoke this Power of Attorney at any time by providing written notice to rty because of reliance on this power of attorney. -1- Agent shall not be liable for losses resulting from judgment errors made in good faith. However, Agent will be liable for breach of fiduciary dpower of attorney is not effective as to a third party until the third party has actual knowledge of the revocation. I agree to indemnify the third party for any claims that arise against the third parts of the document shall still remain in full force and effect and not be affected by any partial invalidity. Any third party who receives a copy of this document may act under it. Revocation of the red to provide an accounting of all funds received and/or disbursed. If any part of this document is held to be invalid, illegal or unenforceable under applicable law, then the remaining unaffected pa resources and affairs properly. My Agent shall be entitled to reimbursement of all reasonable expenses incurred as a result of carrying out any provision of this Power of Attorney. Agent may be requichever occurs first. As used herein, "disability" or "incapacity" shall mean a lack of capacity to receive and evaluate information effectively, to communicate decisions, and/or to manage my financialreafter until the above described real estate is sold or transferred and the transaction is completed or in the event of my death, disability or incapacity, or upon my revocation of this document, whits, powers, and authority of my Agent shall become effective immediately upon execution of this instrument. The rights, powers, and authority of this document shall remain in full force and effect theI hereby ratify and confirm all acts that my Agent, shall lawfully do or cause to be done by virtue of this power of attorney and the rights hereby granted. This Limited Power of Attorney and the righfor such transaction and to do all other things required to complete such transaction, including retaining lawyers, accountants, brokers, and collecting and receiving the proceeds from any such sale. ____________________________________________ This limited power of attorney shall include the right to complete and execute any and all documents, instruments, warranties, releases or deeds necessary _ ________________________________________________________________________________ ________________________________________________________________________________ _____________________________________________ (Address of property) and legally described as (insert legal description or attach exhibit and write "see attached exhibit"): ________________________________________________________________ehalf with full power to: Sell or convey, upon such terms as my Agent shall deem appropriate, my interest in the real estate located at: ________________________________________________________________________________________ ("Agent") maintaining an address at: __________________________________________________________________ my true and lawful attorney-in-fact for me and in my name, and in my b: I, ____________________________________ ("Principal") maintaining an address at ____________ ______________________________________________________________ do hereby make and appoint _______________r acting under the appointment, the agent assumes the fiduciary and other legal responsibilities of an agent. -3- LIMITED POWER OF ATTORNEY FOR SALE OF REAL ESTATE KNOW ALL PERSONS BY THESE PRESENTSument, is legally binding upon you. If you have any questions about these powers, obtain competent legal advice. You may revoke this power of attorney if you later wish to do so. AGENT: By accepting oyour real estate specified in the document on your behalf and to take all actions necessary to accomplish this. Any such action undertaken by your agent, within the scope of this power of attorney docinclude state specific instructions. -2- CAUTION! PRINCIPAL: Before signing this document, consider its consequences. You ("Principal") are providing another person ("Agent") with the power to sell for legal advice. Furthermore, this information is general information that is not state specific. Whenever appropriate, the instructions included with the forms packages offered for sale, generally don't require a Limited Power of Attorney for Sale of Real Estate to be witnessed, it is always a very good idea to do so. Please note that this information is not intended as and is not a substituteifficult for any third party to challenge the validity of the Limited Power of Attorney for Sale of Real Estate and will allow it to be recorded as a public record, if necessary. Although, some statesvoke a General Power of Attorney at any time. The Limited Power of Attorney for Sale of Real Estate should always be notarized, even if your state does not require it. Notarization will make it more dhe Attorney-In-Fact for the Principal does not need to be a lawyer. Almost anyone can be appointed an Attorney-In-Fact by a power of attorney. The Agent should be a competent adult. The Grantor can re of death or incapacity of the Principal; or (c) if the Principal revokes the document (whichever occurs first). Note that the word "attorney" is not used here to mean "lawyer". The person acting as t Attorney for Sale of Real Estate form. This particular form becomes effective immediately and remains effective until (a) the real estate is sold and the transaction is completed; or (b) in the eventalled the "Principal" or "Grantor") to authorize someone else (called the "Agent" or "Attorney-In-Fact") to act on his or her behalf in selling certain real estate as specified in the Limited Power ofe Seller) live somewhere else or will otherwise be unavailable to handle the transaction personally. A Limited Power of Attorney for Sale of Real Estate allows a "mentally" competent natural person (cower of Attorney for Sale of Real Estate It may sometimes become necessary to appoint another person as your Agent to sell some real estate on your behalf. This may occur if, for example, you (i.e. thulted before negotiating any document with another party. [_] The purchase and use of these forms is subject to the Disclaimers and Terms of Use found at findlegalforms.com -1- Information Limited Pnot intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used without consulting with an Attorney first. An Attorney should be conshe original document as needed. [_] The Principal should also be very careful in the selection of the Agent and should be careful in instructing the Agent (i.e. Attorney-in-Fact). [_] These forms are elated by blood or marriage to the Principal, the Agent or the Notary should not be a witness. [_] The Principal should keep the original document, as well as a copy. The Agent should have access to tited Power of Attorney for Sale of Real Estate to be recorded as a public record, if necessary. [_] Two witnesses need to sign the Power of Attorney. The witnesses should be competent adults. Anyone rent (whichever occurs first). [_] The Principal (i.e. the person granting the Power of Attorney; sometimes called the Grantor) should sign the document before a Notary. Notarization will allow the Limdiately and remains effective until (a) the real estate is sold and the transaction is completed; or (b) in the event of death or incapacity of the Principal; or (c) if the Principal revokes the docum for Limited Power of Attorney for Sale of Real Estate; and (3) Limited Power of Attorney for Sale of Real Estate Form [_] This Limited Power of Attorney for Sale of Real Estate becomes effective immeInstructions & Checklist Limited Power of Attorney for Sale of Real Estate [_] This package contains (1) Instructions & Checklist for Limited Power of Attorney for Sale of Real Estate; (2) Information Michigan