Navigating Legal and Title Concerns When Using a POA with a Buyer
Explore the specific legal and title concerns that arise when utilizing a Power of Attorney (POA) with a buyer. From understanding the differences between general and specific POAs to handling recency, proper signing, notarization, and considerations after death, this guide provides valuable insights. Discover important tips on obtaining a specific POA, submitting it for early review, and avoiding common mistakes when acting as a POA for a buyer. Stay informed to ensure a smooth approval process and handle last-minute changes effectively.
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Presentation Transcript
Using a POA with a Buyer
LEGAL CONCERNS SPECIFIC V. GENERAL RECENCY IN TIME PROPERLY SIGNED AND NOTARTIZED INVALID AFTER DEATH
TITLE CONCERNS APPROVAL PROCESS TAKING WHAT IS GIVEN LAST MINUTE CHANGES IN PERSON V. RON
TIPS GET A SPECIFIC POA SUBMIT FOR REVIEW EARLY NO POAs FOR TRUSTS, LLCS OR CORPs DON T ACT AS POA FOR YOUR BUYER
