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Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller - Arizona 2025

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The document is a Special Power of Attorney form that allows a designated agent to act on behalf of the principal in closing a real estate transaction. It grants the agent broad powers to execute necessary documents, collect funds, and complete the sale without prior notice or approval from the principal. The document includes sections for the principal's and agent's information, legal property description, and requires notarization.

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How does power of attorney work in AZ?

What is a Power of Attorney in Arizona. A power of attorney is a written document where one person (the principal) gives authority to act on his/her behalf to another person (the agent). Powers of attorney may be general or specific (limited to a particular transaction or matter).

What does POA mean in a real estate listing?

Price on application (sometimes price on asking), more commonly abbreviated as POA, is a term often seen on price lists, classified advertisements and is commonly used with regard to real estate prices.

What is the difference between a power of attorney and a personal representative of estate?

A power of attorney names someone to act on your behalf while youre incapacitated but still alive. A personal representative only assumes their duties after your death.

What is the difference between limited and specific power of attorney?

A Limited Power of Attorney (also called a Specific or Special Power of Attorney) allows the person who has the POA, the holder, to legally act on behalf of someone else, the principal, for a specific timeframe, scope or document.

What is a power of attorney in Arizona real estate?

An Arizona real estate power of attorney is a document provided by a principal to grant an agent or an attorney the ability to sell, acquire, manage or refinance a property.

power of attorney to sell house

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What does power of attorney give you authority over?

The agent serving under your power of attorney only has power and authority to act during your lifetime. Conversely, the executor is a person who is appointed by the probate court to close out your estate when you pass away. The executor only has power to act after your death.

What three decisions cannot be made by a legal power of attorney?

When someone makes you the agent in their power of attorney, you cannot: Write a will for them, nor can you edit their current will. Take money directly from their bank accounts. Make decisions after the person you are representing dies. Give away your role as agent in the power of attorney.