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Pennsylvania Limited Power 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. A Limited Power of Attorney for Sale of Real Estate allows a "mentally" competent natural person (called 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 of Attorney for Sale of Real Estate form. This particular form becomes effective immediately.

This attorney-prepared packet contains:
  1. Instructions & Checklist for Limited Power of Attorney for Sale of Real Estate
  2. Information on Limited Power of Attorney for Sale of Real Estate
  3. Limited Power of Attorney for Sale of Real Estate Form
State Law Compliance: This form complies with the laws of Pennsylvania

 

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Pennsylvania Limited Power of Attorney for Sale of Real Estate

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Pennsylvania cy has occurred, is conclusive proof of the nonrevocation or nontermination of the power at that time and conclusive proof that the specified time or contingency has occurred. -5- e of the termination of the power by revocation, death or, if applicable, disability or incapacity or the filing of an action in divorce and that, if applicable, the specified future time or contingen________ Date -4- 20 Pa.C.S.A. Section 5606 states that an affidavit executed by the agent under a power of attorney stating that he did not have at the time of exercise of the power actual knowledgn and prudence. I shall keep a full and accurate record of all actions, receipts and disbursements on behalf of the principal. ______________________________ Signature of Agent _______________________or in 20 Pa.C.S. when I act as agent: I shall exercise the powers for the benefit of the principal. I shall keep the assets of the principal separate from my assets. I shall exercise reasonable cautiod the attached power of attorney and am the person identified as the Agent for the Principal. I hereby acknowledge that in the absence of a specific provision to the contrary in the power of attorney on taking acknowledgment (Notary Public) ________________________________________________ Name typed, printed, or stamped -3- Acknowledgment by Agent I, ___________________________________, have rea_________ (name of Principal), who is personally known to me or who has produced ________________________________ as identification. ________________________________________________ Signature of pers___________________ State of PENNSYLVANIA ) ) ss County of ________________________ ) The foregoing instrument was acknowledged before me this _____ day of _______________, ______ by _________________e: ___________________________________ Witness Signature: ___________________________________ Name: ___________________________________ City: __________________________________ State: ________________. ________________________________ Signature of Principal Witness Signature: ___________________________________ Name: ___________________________________ City: __________________________________ Staty of this Power of Attorney. I may revoke this Power of Attorney at any time by providing written notice to my Agent. Signed on ________________ (date), at _______________________ (city), Pennsylvanias resulting from judgment errors made in good faith. However, Agent will be liable for breach of fiduciary duty, failure to act in good faith and/or willful misconduct, while acting under the authoritledge of the revocation. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney. -2- Agent shall not be liable for losseartial invalidity. Any third party who receives a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party has actual knowument is held to be invalid, illegal or unenforceable under applicable law, then the remaining unaffected parts of the document shall still remain in full force and effect and not be affected by any ple expenses incurred as a result of carrying out any provision of this Power of Attorney. Agent may be required to provide an accounting of all funds received and/or disbursed. If any part of this docity to receive and evaluate information effectively, to communicate decisions, and/or to manage my financial resources and affairs properly. My Agent shall be entitled to reimbursement of all reasonabcompleted or in the event of my death, disability or incapacity, or upon my revocation of this document, whichever occurs first. As used herein, "disability" or "incapacity" shall mean a lack of capachis instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until the above described real estate is sold or transferred and the transaction is virtue of this power of attorney and the rights hereby granted. This Limited Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of tding retaining lawyers, accountants, brokers, and collecting and receiving the proceeds from any such sale. I hereby ratify and confirm all acts that my Agent, shall lawfully do or cause to be done bye right to complete and execute any and all documents, instruments, warranties, releases or deeds necessary for such transaction and to do all other things required to complete such transaction, inclu_______________________________________________________________________ ________________________________________________________________________________ This limited power of attorney shall include th exhibit and write "see attached exhibit"): _________________________________________________________________ ________________________________________________________________________________ _________, my interest in the real estate located at: ________________________________________________________________________ (Address of property) and legally described as (insert legal description or attach_____________________________________ my true and lawful attorney-in-fact for me and in my name, and in my behalf with full power to: Sell or convey, upon such terms as my Agent shall deem appropriate__ ______________________________________________________________ do hereby make and appoint ________________________________________ ("Agent") maintaining an address at: ____________________________________ Name of Principal / Grantor __________________________ Date -1- KNOW ALL PERSONS BY THESE PRESENTS: I, ____________________________________ ("Principal") maintaining an address at __________OOSING TO EXPLAIN IT TO YOU. I HAVE READ OR HAD EXPLAINED TO ME THIS NOTICE AND I UNDERSTAND ITS CONTENTS. _________________________________ Signature of Principal / Grantor __________________________ AND DUTIES OF AN AGENT UNDER A POWER OF ATTORNEY ARE EXPLAINED MORE FULLY IN 20 PA.C.S. CH. 56. IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT UNDERSTAND, YOU SHOULD ASK A LAWYER OF YOUR OWN CHNATES YOUR AGENT'S AUTHORITY. YOUR AGENT MUST KEEP YOUR FUNDS SEPARATE FROM YOUR AGEN'TS FUNDS. A COURT CAN TAKE AWAY THE POWERS OF YOUR AGENT IF IT FINDS YOUR AGENT IS NOT ACTING PROPERLY. THE POWERSWERS GIVEN HERE THROUGHOUT YOUR LIFETIME, EVEN AFTER YOU BECOME INCAPACITATED, UNLESS YOU EXPRESSLY LIMIT THE DURATION OF THESE POWERS OR YOU REVOKE THESE POWERS OR A COURT ACTING ON YOUR BEHALF TERMIYOUR AGENT TO EXERCISE GRANTED POWERS, BUT WHEN POWERS ARE EXERCISED, YOUR AGENT MUST USE DUE CARE TO ACT FOR YOUR BENEFIT AND IN ACCORDANCE WITH THIS POWER OF ATTORNEY. YOUR AGENT MAY EXERCISE THE POANDLE YOUR PROPERTY, WHICH MAY INCLUDE POWERS TO SELL OR OTHERWISE DISPOSE OF YOUR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. THIS POWER OF ATTORNEY DOES NOT IMPOSE A DUTY ON agent. -4- LIMITED POWER OF ATTORNEY FOR SALE OF REAL ESTATE NOTICE TO PRINCIPAL / GRANTOR: THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU DESIGNATE (YOUR "AGENT") BROAD POWERS TO Hl advice. You may revoke this power of attorney if you later wish to do so. AGENT: By accepting or acting under the appointment, the agent assumes the fiduciary and other legal responsibilities of an sh this. Any such action undertaken by your agent, within the scope of this power of attorney document, is legally binding upon you. If you have any questions about these powers, obtain competent legats consequences. You ("Principal") are providing another person ("Agent") with the power to sell your real estate specified in the document on your behalf and to take all actions necessary to accomplinever appropriate, the instructions included with the forms packages offered for sale, generally include state specific instructions. -3- CAUTION! PRINCIPAL: Before signing this document, consider i good idea to do so. Please note that this information is not intended as and is not a substitute for legal advice. Furthermore, this information is general information that is not state specific. Whel Estate and will allow it to be recorded as a public record, if necessary. Although, some states don't require a Limited Power of Attorney for Sale of Real Estate to be witnessed, it is always a veryuld always be notarized, even if your state does not require it. Notarization will make it more difficult for any third party to challenge the validity of the Limited Power of Attorney for Sale of Reattorney-In-Fact by a power of attorney. The Agent should be a competent adult. The Grantor can revoke a General Power of Attorney at any time. The Limited Power of Attorney for Sale of Real Estate shos first). Note that the word "attorney" is not used here to mean "lawyer". The person acting as the Attorney-In-Fact for the Principal does not need to be a lawyer. Almost anyone can be appointed an Aeffective 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 document (whichever occur) to act on his or her behalf in selling certain real estate as specified in the Limited Power of Attorney for Sale of Real Estate form. This particular form becomes effective immediately and remains Limited Power of Attorney for Sale of Real Estate allows a "mentally" competent natural person (called the "Principal" or "Grantor") to authorize someone else (called the "Agent" or "Attorney-In-Fact" your Agent to sell some real estate on your behalf. This may occur if, for example, you (i.e. the Seller) live somewhere else or will otherwise be unavailable to handle the transaction personally. A bject to the Disclaimers and Terms of Use found at findlegalforms.com -2- Information Limited Power of Attorney for Sale of Real Estate It may sometimes become necessary to appoint another person asnd should not be used without consulting with -1- an Attorney first. An Attorney should be consulted before negotiating any document with another party. [_] The purchase and use of these forms is sund should be careful in instructing the Agent (i.e. Attorney-in-Fact). [_] These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you aent (i.e. with original signatures). The Agent should be prepared to make copies for different transactions he undertakes. [_] The Principal should also be very careful in the selection of the Agent af of the Principal. [_] The Principal should keep the original document, as well as a copy. The Agent should have access to the original document as needed. The Agent could also have an original docum of the Principal from those of the Agent. The Agent shall exercise reasonable caution and prudence. The Agent shall keep a full and accurate record of all actions, receipts and disbursements on behalt) will have to sign the Acknowledgement at the bottom of the Power of Attorney document. The Agent shall exercise the powers for the benefit of the Principal. The Agent shall keep separate the assetsrney to be recorded as a public record, if necessary. [_] The Principal must also sign the "Notice to Principal" at the beginning of the Power of Attorney document. [_] The Agent (i.e. Attorney in Facl, Agent or Notary. [_] Although it may not always be necessary in Pennsylvania, it is recommended that this Power of Attorney be signed before a Notary. Notarization will also allow the Power of Attotness shall not be the individual who signed the power of attorney on behalf of and at the direction of the principal. Furthermore, witnesses should not be related by blood or marriage to the Principa(when the Principal is incapable of signing) or by another individual (at the direction of the Principal), then it shall be witnessed by two individuals, each of whom is 18 years of age or older. A wikes the document (whichever occurs first). [_] The Principal (i.e. the person granting the power of Attorney) must be mentally competent. In Pennsylvania, if the Power of Attorney is executed by mark ffective immediately 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 revo) Information 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 eInstructions & Checklist Pennsylvania 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 Pennsylvania

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Pennsylvania Limited Power of Attorney for Sale of Real Estate

Product Specifications

Product Pennsylvania Limited Power of Attorney for Sale of Real Estate
Country United States
State Pennsylvania
Pages 9
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Sample Available (requires Flash plug-in)
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Real Estate (Sale)
Product number #17096
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee
Support Customer support 1-800-959-5899
Online support
Additional Help
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