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

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How to use or fill out Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller - Kentucky

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in your name and address at the top of the form. Ensure that all details are accurate to avoid any issues during the transaction.
  3. Designate your Attorney-in-Fact by entering their name and county. This person will act on your behalf, so choose someone you trust.
  4. Provide the property address that is being sold. This is crucial for identifying the specific real estate involved in the transaction.
  5. In the section detailing powers granted, review and ensure all necessary actions related to closing the sale are included. You may customize this section if needed.
  6. Complete the legal description of the property as referenced in Exhibit A. Attach any additional documents if required.
  7. Sign and date the document at the bottom, ensuring that your signature matches your printed name above.
  8. Finally, have your signature notarized to validate the document before submission.

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A Kentucky real estate power of attorney is a document used by a principal to provide authorization for an agent to buy, sell, refinance, or manage real estate in their name. The principal must sign the document in the presence of a notary public before it can be used.
2:14 3:53 Terms and legal requirements. However once the principal passes. Away the power of attorney is noMoreTerms and legal requirements. However once the principal passes. Away the power of attorney is no longer valid. And any property sales must be handled through the probate. Process.
Ensure the POA is properly executed and docHubd. Verify the identity of the principal and agent before accepting a POA. Work with a reputable title company or attorney who can confirm the legitimacy of the POA. A poorly drafted POA may give the agent more power than the principal intended.
What a power of attorney cant do Change a principals will. Break their fiduciary duty to act in the principals best interests. Make decisions on behalf of the principal after their death. (POA ends with the death of the principal. Change or transfer POA to someone else.
As long as the principal is alive, and the Power of Attorney (POA) does not limit the Attorney-in-facts authority to sell the home, and it can be demonstrated that selling the home serves the principals best interests, then the POA has the power to sell the home.
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One of the most docHub powers that can be granted through a POA is the authority to sell property. This capability can be particularly important if the principal becomes incapacitated or is otherwise unable to manage their affairs.

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