Special or Limited Power of Attorney for Real Estate Sales Transaction By Seller - New Mexico: Fill out & sign online

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Can you sell a property in Mexico with a power of attorney?

You may use a POA during any legal situation, incorporation or real estate transactions.

What are the instances when a special power of attorney is required?

A Special Power of Attorney is necessary if you wish to appoint another person to act and decide on your behalf. A Special Power of Attorney is normally executed when the principal is unable to manage his affairs decide on his own and will need an agent to act on his behalf.

Can a property be sold with power of attorney?

In 2011, the Supreme Court ruled that property sale through power of attorney (PoA) is illegal and only registered sale deeds provide any legal holding to property transactions.

Does a power of attorney need to be filed in New Mexico?

The specific requirements vary by state; however, in New Mexico, your Power of Attorney must be docHubd. If your agent will engage in real estate transactions, the Power of Attorney will need to be docHubd and recorded or filed with your county.