Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser - West Virginia: Fill out & sign online

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What makes a POA valid in Virginia?

A. A power of attorney executed in the Commonwealth on or after July 1, 2010, is valid if its execution complies with 64.2-1603. B. A power of attorney executed in the Commonwealth before July 1, 2010, is valid if its execution complied with the law of the Commonwealth as it existed at the time of execution.

What does durable mean in legal terms?

Durable means for a determinable period with a reasonable certainty that the use, possession, or claim with respect to the property or improvements will continue for that period.

What is durable power of attorney in WV?

This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.

Does a power of attorney need to be docHubd in WV?

A power of attorney must be signed by the principal or in the principals conscious presence by another individual directed by the principal to sign the principals name on the power of attorney and must be acknowledged by the principal before a notary public or other individual authorized by law to take

What is the best power of attorney to have?

A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the persons freedom to handle your assets and manage your care. A limited power of attorney restricts the agents power to particular assets.

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