Understanding Power of Attorney (POA) Forms: Types and Uses in Real Estate

Navigating real estate transactions can be challenging, especially when sellers are out of the country. A Power of Attorney (POA) can streamline the process. This legal document allows one person to authorize another to act on their behalf, handling everything from financial decisions to property transactions. Understanding the different types of POA—General, Durable, Special, and Springing—can help ensure you're using the right one for your needs. In real estate, a Special POA is particularly useful for specific transactions, like selling a property when the owner is abroad, ensuring efficiency and legal security.